Photo 1 of 1
$299,000
Sold on 3/16/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
2,808 |
$2,140 |
1983 |
On the market:
61 days
|
View full details, 15 photos, school info, and price history
House + Duplex: This sale includes 1202 E. 99th Ave and 1204 E. 99th Ave. Owner will NOT separate. 1202 is a 4-bedroom, 2-bathroom home that used to be a duplex. A Section 8 tenant is about to start a new lease at $1,495/month. 1204 is a duplex with 2-bedroom, 1-bathroom units on either side. Apt-A is about to have a new Section 8 tenant at $895/month. Apt-B has a great long-term tenant from the Section 8 HUD-VASH program at $820/month. Both buildings are concrete block with new exterior paint and roofs are approximately seven years old. The owner pays water/trash bill on the duplex. 10% cap rates are VERY hard to find so these deal will not last long! Owner selling units "as-is". This is not a distress sale; no lowball offers will be considered.
Listing courtesy of Brian Lancaster, TAILWINDS REALTY, LLC