Active

$425,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1938 sq ft
Overview
  • ID: MFRTB8481799
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1938 sq ft
Property Details
Remarks
Turnkey, fully remodeled duplex offering immediate income potential and modern upgrades throughout. This investor-ready property has been completely renovated with brand-new luxury vinyl plank flooring, fresh interior paint, updated kitchens with new cabinetry, and new stainless steel appliances. Major systems have already been addressed, including a roof replacement in May 2021 and new instant hot water heaters, providing peace of mind and reduced future expenses. Currently operating as a successful short-term rental, the duplex launched as an Airbnb in mid-February 2025 and has already demonstrated strong performance. Approximate gross revenue of $48,000 over the past 12 months, with approximately $30,000 generated in the most recent six months, reflecting typical ramp-up growth associated with newly launched short-term rentals and increasing booking momentum. This property presents a true turnkey investment opportunity, with the option to purchase fully furnished for a negotiated price. Allowing a new owner to step in and continue operations immediately. Ideal for investors seeking short-term rental income, long-term rental potential, or a flexible duplex strategy. Modern finishes, strong income history, and minimal capital needs make this an exceptional opportunity. Listing agent has an ownership interest in the property.
Financial Considerations
Price:
$425,000
HOA Fee:
N/A
Tax Amount:
$5729.18
Price per SqFt:
$219.3
Tax Legal Description:
YINGLING'S ADDITION PB 2 PG 16 POR LOT 7 LESS WEST 15.00 FT THEREOF & LOT 6 LESS WEST 15.00 FT THEREOF BLOCK 3 DESC AS COM NE COR LOT 9 BLOCK 3 TH S00DEG 37'08"E 111.90 FT FOR POB TH S00DEG37'08"E 76.10 FT TH N89DEG 53'52"W 100.00 FT TH N00DEG 37'08" W 80.00 FT TH S87DEG50'08"E 100.02 FT TO POB
Exterior Features
Lot Size:
7826
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:
4
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:
1978
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
None
Additional Features 2:
N/A
Map
  • Address
    5532 20TH ST
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