This solid brick duplex generates a cash-on-cash return of just over 25% with current rents!! The property as a whole is in fair to good condition and does not need any major work. It could use some drywall patching finished off above the kitchen of the first floor unit, however, and it will likely need windows within 5-7 years. The units each have separate gas and electric and two separate water heaters, shared water paid by the owner. Tenants pay their own gas and electric. In addition to the two story structure, the property touts a detached two car garage with shared access from a large, fenced in, concrete patio. This patio sits between the duplex and the garage. Each unit has a covered balcony or patio as well, with steps from the concrete yard that lead up to the balcony of the 2nd floor unit. The first floor unit is accessed through the door on the left, and enters into a long hallway. The first door on the left leads to a very large bedroom, and the second door on the left leads to the second bedroom which is also very large, though not quite as big as the first bedroom. The third door on the left leads to the narrow bathroom which could use a tile or two in the dropdown ceiling. The kitchen is located at the end of the hallway, and if you turn to the left immediately upon entering the kitchen will be the doorway to the large family room/dining room. There is also access to the covered patio and concrete backyard from the kitchen. The basement is accessed through a door on the right about a quarter of the way down the hallway of this first floor unit. It is a very large, open space and stores both water heaters, boilers, and electrical panels. The exterior door on the right accesses the 2nd floor unit. Upon entering, stairs lead you up to the middle of the second story hallway. Layout very similar to first floor. Please call, text, or e-mail with any interest.
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