Overview
- Updated On:
- June 16, 2025
- 5 Bedrooms
- 3 Bathrooms
- 2,670 ft2
Description
10.36% CAP rate! Right at the 1% rule! – total rents $2675. Excellent investment opportunity – this unique property consists of a duplex and a single family home on the same parcel, deeded together. The duplex has 4 bedrooms and 2 bathrooms (2 bedroom, 1 bath on each level). The single family home is a 1 bedroom, 1 bathroom cottage with laundry inside the unit as well as a basement for storage. Apt 1 (first floor of duplex) is approximately 1000 square feet with 2 bedrooms and 1 bathroom with basement access for laundry. The bathroom was recently remodeled and has a newer water heater and furnace. Apartment 2 (second floor) is a 2 bedroom, 1 bath home with approximately 1000 square feet of living space with a new refrigerator, fresh paint, newer carpet and kitchen flooring. See documents section for a list of updates and details. All units are currently tenant occupied – please do not go to the homes without an approved appointment.
- Principal and Interest
- Property Tax
- HOA fee
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