Excellent value in a Duplex conveniently located. This side by side rental, has 2 identical units. Each unit is 3 bedrooms, one bath and almost 800 sq. ft. each. Parking is a pad in front and each unit has a small rear yard. One side, Unit A, is vacant and had been rented at $1050. It has been renovated with new paint, flooring, kitchen cabinets, appliances and an updated bath. Unit B is occupied by a quality tenant who pays his rent timely. Great building for investment income or for an owner occupant who wants their tenant to help pay for the mortgage. A buyer could live in Unit A and easily manage Unit B. An owner could live here almost for free! The price for these 2 units is LESS than the cost of a single family unit in the area. Higher rents are possible with a new owner. Current tenant's lease ends 12/31/2021 and is paying $800.00 per month, a below market rent. This great investment opportunity is priced to sell quickly. Owner pays for water and sewer and lawn service. Tenants are responsible for their own electric, cable and trash pickup. Since we are expecting lots of interest, the owner will not accept any offers until the building has been on the market for 7 days. Offers will be responded to on or after November 30, 2021. Appointments to see the vacant unit are easy. If a buyer is interested, another appointment can be made to see the occupied unit as we do not want to disturb the existing tenant unless necessary. Buyer’s should have loan pre-approval and proof of funds when submitting offers. All figures are approximate and buyers are urged to verify all information they deem important. We expect a quick sale since rental units and good investment properties are in short supply. Currently, we have multiple offers so the actual sales price is expected to be at or above list price. If interested, buyers are urged to make their "final and best" offer. CUT OFF TIME TO PRESENT OFFERS IS 2PM ON 11/30/2021 DUE TO THE VOLUME OF OFFERS RECEIVED.
Listing courtesy of LAWRENCE W SCADUTO LLC.
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