GREAT INVESTMENT OPPORTUNITY!! Charming, well-maintained DUPLEX. Long term tenants in place. 2 Units: First unit is 2/1 with large, recently finished basement, renting for $950 mo. Second unit is a bright & sunny 2/1 renting for $865 mo. Shared laundry room, garage and nice yard in rear. Net Operating Income (NOI) is $10,400. Cap rate of 6.5%. Rents are below market value. Can easily increase cap rate to 7.1% Tenants pay own gas, electric and cable. Buy as investment property or live in one unit and rent other to cover mortgage costs.
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