Active

$550,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1296 sq ft
Overview
  • ID: MFRT3480778
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1296 sq ft
Property Details
Remarks
Welcome to this outstanding investment opportunity, nestled on a sprawling 0.7-acre plot of land. This property boasts two identical duplex units, each offering 2 spacious bedrooms with generous closets and 1 well-appointed bathroom featuring shower-tub combinations. Designed for comfort and functionality, each unit showcases an open floor concept, seamlessly blending the kitchen, family, and dining room areas – perfect for gatherings and everyday living. There is enough space in the second lot to have another duplex added or use the existing sheds for a home office with full kitchen and bathroom or workshop. Key Features: Income Potential: With two units, this property is primed for generating consistent rental income. Whether you choose to occupy one side and rent out the other or rent out both units, the potential is vast. Outdoor Spaces: Each unit comes with its very own attached shed, ideal for storage or potential workshop areas. Additionally, both units have a dedicated backdoor leading to a vast fenced-in backyard, graced by towering mature trees – a serene outdoor haven for residents. Parking & Accessibility: A sizeable front yard welcomes visitors with an abundance of parking opportunities, ensuring that tenants and their guests never have to worry about space. No HOA Fees: A major highlight of this property is the absence of HOA fees, offering potential investors and homeowners added financial peace of mind. Location: While details on the exact location are not mentioned, owning a duplex on such a sizable lot is indeed a rarity. Potential investors will benefit from the land appreciation and the flexibility the space offers. With its combination of space, design, and potential, this duplex is not just a property but an opportunity. It's an invitation for smart investing, promising both immediate income potential and long-term growth. Whether you're a seasoned investor or a first-time buyer, this is a chance you won't want to miss.
Financial Considerations
Price:
$550,000
HOA Fee:
N/A
Tax Amount:
$2376.45
Price per SqFt:
$424.38
Tax Legal Description:
LOT BEG 25 FT N AND 350 FT E OF SW COR OF S 1/2 OF SW 1/4 OF SW 1/4 OF SW 1/4 AND RUN N 307.44 FT E 100 FT S 307.94 FT AND W 100 FT TO BEG
Exterior Features
Lot Size:
30492
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Driveway, Oversized
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
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:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Lighting
Additional Features 2:
N/A
Map
  • Address
    5012 12TH AVE S
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