Active

$299,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1650 sq ft
Overview
  • ID: MFRTB8392451
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1650 sq ft
Property Details
Remarks
Welcome to your Gulf Coast Estates investment! Turnkey and cash-flow ready. this updated duplex offers an exceptional opportunity for investors or house-hackers seeking a low-maintenance, income-generating asset. Each side features 2 bedrooms and 1 bathroom, with both units showcasing tasteful renovations including new soft-close cabinets, granite countertops, fresh interior paint, updated baseboards, new vanities, and newer A/C systems that have been brought up to current code standards. This property was previously impacted by flooding but has since been fully remediated and permitted, with the seller limiting repairs to just 17% of the property’s value. The units were most recently listed at $1,400 per month and received multiple applications, demonstrating strong rental demand. Tenants pay all utilities, and the owner has had minimal ongoing expenses beyond standard holding costs. With updated systems, low maintenance, and solid cash flow potential, don't miss out on this amazing income-generating investment opportunity!
Financial Considerations
Price:
$299,000
HOA Fee:
N/A
Tax Amount:
$5408.5
Price per SqFt:
$181.21
Tax Legal Description:
GULF COAST ESTATES PB 5 PG 100 LOT 21 EXC NORTH 6.72 FT THEREOF
Exterior Features
Lot Size:
6795
Lot Features:
City Limits
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1981
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    7116/7120 OAKWOOD DR
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