Excellent income opportunity, two adjacent duplex buildings (8201 & 8203 N Klondyke St) for a total of 4 units (all 3 bed / 1 bath), selling as a package for $325K in total. Units have ceramic tile floors throughout. Tenants pay ALL utilities since separately metered. 1 of the units is rented to Section 8 tenant with rent $950/month. The remaining 3 units are rented at $700, $750, and $800/month to long-term tenants. Current contract gross income of $38,400/year for all 4 units. Attainable gross rents of $45,600/year if move all tenants over to Section 8. This affords a cap rate of 11.25% at a pro forma net annual income of $37,087. DO NOT DISTURB TENANTS. Available with ML# T2934856 for $325K in total.
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