Active

$385,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1652 sq ft
Overview
  • ID: MFRTB8377627
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1652 sq ft
Property Details
Remarks
Exceptional opportunity to own a well-maintained, income-producing duplex in a prime rental market. Features include a 2019 roof and AC, along with a new electrical panel (2021). Separate electric meters—tenants pay their own utilities—keeping landlord involvement minimal. Currently generating $2,900/month ($34,800/year) in rental income, with value-add potential by increasing below-market, month-to-month rents. No flood insurance required. Priced at approximately $192,500K a door with a solid 7% cap rate as-is. Ideal for investors seeking low maintenance and steady cash flow. Don’t miss this must-see investment!
Financial Considerations
Price:
$385,000
HOA Fee:
N/A
Tax Amount:
$4237.57
Price per SqFt:
$233.05
Tax Legal Description:
HIGH POINT BLK 2, LOT 15
Exterior Features
Lot Size:
6952
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1972
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    5651 CRESTMONT ST
Contact a Professional
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