Photo 1 of 1
$185,000
Sold on 1/12/15
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 4 |
2.00 |
1,596 |
$1,426 |
1970 |
|
On the market:
139 days
short-sale
|
View full details, 15 photos, school info, and price history
Short Sale. Yes. Great fortune comes to those who TAKE IMMEDIATE ACTION when opportunity presents itself! This duplex with two 2/1 units sits in the heart of Colonial Town. In great condition! Both units have reliable, long term tenants on current leases totaling $1500/mo, yielding a net operating income of about $15,000 (7.5 cap) after property taxes and insurance. Market rent rates allow you some room to increase the rent. Tenants are responsible for all utilities and yard maintenance. Front tenant has been there over 20 years! Rear unit was completely remodeled in 2006 with new flooring, paint, tile, granite and stainless, and its current tenant has been there over 3 years. Both tenants plan to stay. Money is math! Don’t miss out on this rare find!
Listing courtesy of James Moore
