Enclosed patio areasDedicated dual parkingUpdated hvac systems
Investor Opportunity – Income-Producing 2-Unit Property With Upside Potential
ATTENTION INVESTORS & OWNER-OCCUPANTS!
Here’s an opportunity to acquire a well-maintained, fully occupied 2-unit property in a highly desirable area convenient to shopping, schools, dining, and everyday amenities.
Both units feature 2 bedrooms and 2 bathrooms, enclosed patio areas, and dedicated dual parking. The property has a strong rental history and is currently generating income from established tenants.
Property Highlights
* 2 units – both currently occupied
* 2 bedrooms / 2 bathrooms per unit
* Current rent: $850 per month, per unit
* Potential rent: approximately $1,300 per month, per unit
* Current gross rent: $1,700/month
* Potential gross rent: $2,600/month
* Potential gross annual rental income: $31,200
* New roof installed in 2016
* Updated HVAC systems
* Ceramic tile, laminate, and carpet flooring
* Enclosed patio areas
* Dual parking areas
* Strong rental history
* Convenient, desirable location
Whether you’re looking to add a cash-flowing property to your portfolio or purchase a multi-unit property with the possibility of living in one unit while generating rental income from the other, this property deserves a closer look.
VA buyers: Qualified buyers may have owner-occupancy financing options available depending on VA eligibility, lender requirements, and the property’s qualification.
Strong Income + Significant Rental Upside
With both units already occupied, an investor can step into an existing income-producing property while still having considerable opportunity to increase future rental revenue based on market conditions and applicable lease terms.
Serious buyers and investors are encouraged to schedule a showing. Property is being positioned for a timely sale, and opportunities with existing tenants and this level of rental upside don’t come along often.
Schedule your private showing today.
23 hours
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75
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6
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Listed by:
Property Owner(910) 635-5809
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.