Active

$1,295,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 4212 sq ft
Overview
  • ID: MFRTB8365231
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 4212 sq ft
Property Details
Remarks
Prime INVESTMENT OPPORTUNITY in a highly desirable location, just minutes from local amenities. This property features three SOLID BLOCK duplex buildings, each containing two 2-bedroom, 1-bath apartments spanning 702 sq. ft. per unit. A turnkey asset it generates consistent revenue. The property operates on well water and septic, with on-site laundry. PROFESSIONALLY MAINTAINED, many units have been updated with new flooring, new kitchen cabinets, granite countertops, stainless steel appliances, and fresh paint. Roof is 2022. Ample private parking is available. This investment offers a CAP rate of 5.93%, with further growth potential in line with rental market demand. Don't miss this opportunity!
Financial Considerations
Price:
$1,295,000
HOA Fee:
N/A
Tax Amount:
$10349.46
Price per SqFt:
$307.45
Tax Legal Description:
TERRACE ACRES W 101 OF S 1/2 OF LOT 16
Exterior Features
Lot Size:
14100
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Guest, Off Street, Parking Pad
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
Ceramic Tile, Vinyl
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:
Yes
Special Condition:
None
Additional Features:
Lighting, Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    9406 EASTFIELD RD
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