Active

$527,824

Features:
  • 16 Bedrooms
  • 8 Bathrooms
  • 2584 sq ft
Overview
  • ID: MFRL4954717
  • Bedrooms: 16
  • Bathrooms: 8
  • Size: 2584 sq ft
Property Details
Remarks
NEW CONSTRUCTION LUXURY MODERN DUPLEX – 8.27PERCENT CAP RATE! Brand new duplex featuring a total of 8 bedrooms & 4 bathrooms – each unit offers 4 beds, 2 baths, and a laundry room. High-end finishes throughout: 9’4” ceilings, quartz countertops, real wood soft-close cabinetry, porcelain tile bath surrounds, LED lighting, and LVP flooring. Perfect for investors or owner-occupants! HUD fair market rent for a 4-bed unit is $2,245, with potential gross income of $4,490/month. At a $525K purchase price, the property produces an 8.27PERCENT cap rate based on realistic expenses. FHA financing eligible for buyers occupying one unit! Seller is motivated — don’t miss this income-producing opportunity!
Financial Considerations
Price:
$527,824
HOA Fee:
N/A
Tax Amount:
$92.77
Price per SqFt:
$204.27
Tax Legal Description:
BEG 321 FT E OF NW COR OF SW1/4 OF NW1/4 OF NW1/4 RUN E 99 FT S 57PT51 FT W 99 FT N TO BEG LESS R/W & BEG 321 FT E & 57PT51 FT S OF NW COR OF SW1/4 OF NW1/4 OF NW1/4 RUN E 99 FT S 122PT49 FT W 99 FT N TO BEG
Exterior Features
Lot Size:
2823
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
16
Bathrooms:
8
Heating:
Electric
Cooling:
Central Air
Appliances:
Dishwasher, Microwave, Range Hood, Refrigerator
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
2025
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1777-1779 E MARTIN LUTHER KING JR BLVD
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