Check out this fully occupied, turnkey, income producing investment for FOUR units. Check out the potential return rate. Two side-by-side duplex buildings. Each unit is 2 bedroom, 1 bath with exterior washer/dryer connections. Block construction. Mix of tile and luxury vinyl plank flooring. High demand area just off of 301. Lots of new construction in the area driving increased values. Gross income figure is actual, net income figure is estimate. Units are 4805 and 4809 16th plus 38714 and 38718 B Ave. Roofs were replaced in 2022.
Financial Considerations
Price:
$615,000
HOA Fee:
N/A
Tax Amount:
$9176.56
Price per SqFt:
$205
Tax Legal Description:
MOORES FIRST ADDITION PB 1 PG 57 ALL OF LOT 1 & LOT 2 LESS SOUTH 7.50 FT THEREOF BLOCK 29
Exterior Features
Lot Size:
12210
Lot Features:
Corner Lot, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Off Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator