Photo 1 of 1
$140,000
Sold on 12/11/17
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
1,544 |
$1,703 |
1973 |
On the market:
67 days
|
View full details, 15 photos, school info, and price history
AVAILABLE AGAIN- Cash-flowing 1973-build duplex consisting of (two) 2 bedroom/ 1 bath units. Property consists of quality, background-checked tenants currently paying $695/month each ($1,390/month total), with the 1-year leases expiring on 3/1/18 (Unit A- larger unit) and 8/14/18 (Unit B). Both tenants have voiced their desire to stay at the premises long term, but understand the right to stay beyond their existing leases is up to new ownership. The property has underwent several major upgrades over the past few years, including a roof (2014), central A/C units (2013), and a new PVC sewer line (2015). Both units have tile flooring throughout, several interior updates, and newer appliances. The property consists of two electric meters and one water meter. Monthly landlord expenses (water, trash, lawn service) average to be about $205/mo in addition to taxes, homeowners insurance (no flood required), and property management (if desired).
Listing courtesy of Jacob Tennant, PALM ISLAND REALTY