Description
This unique investment opportunity features two duplexes, 8040-8050 & 8020-8030, each on their own lot. Buyers have the flexibility to purchase ONE duplex or BOTH. Price listed is for ONE duplex. Each unit offers a comfortable 2-bedroom, 1-bath layout, approximately 750 square feet in size, with two off-street parking spaces. The property generates steady rental income but is under leased to market with current rents ranging from $1,300 to $1,500 per month. Comps show rents could be $1800-2100 per unit per month so there is significant room to add value here. The seller has priced these for a quick sale and is leaving upside in the transaction for the person that acquires these units. Only minor interior updatesprimarily cosmetic improvements such as fresh paint, flooring touch-ups, and minor repairs needed. Overall units are in good shape! Could be a great house hack opportunitylive in one unit while renting out the other to offset your mortgage and build equity. Last option is if split comps for duplexes are right around 400K. DO NOT DISTURB TENANTS.
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4BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,500SQFT
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$373$/SQFT
School Information
Offered by REDT LLC.Description
This unique investment opportunity features two duplexes, 8040-8050 & 8020-8030, each on their own lot. Buyers have the flexibility to purchase ONE duplex or BOTH. Price listed is for ONE duplex. Each unit offers a comfortable 2-bedroom, 1-bath layout, approximately 750 square feet in size, with two off-street parking spaces. The property generates steady rental income but is under leased to market with current rents ranging from $1,300 to $1,500 per month. Comps show rents could be $1800-2100 per unit per month so there is significant room to add value here. The seller has priced these for a quick sale and is leaving upside in the transaction for the person that acquires these units. Only minor interior updatesprimarily cosmetic improvements such as fresh paint, flooring touch-ups, and minor repairs needed. Overall units are in good shape! Could be a great house hack opportunitylive in one unit while renting out the other to offset your mortgage and build equity. Last option is if split comps for duplexes are right around 400K. DO NOT DISTURB TENANTS.
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