

5 Points Duplex
Duplex in Historic 5 Points Area
Marketing description
Income-producing duplex built in 1900. Ideal for investors seeking stabilized income w/ value-add potential. Long-term tenancy in place w/ recent vacancy allowing for rent repositioning. 1031 opportunity. Each unit offers a functional layout w/ living room, kitchen, half bath, & laundry on the main level. Bedroom w/ full bath upstairs. Main level features heart of pine wood floors. Covered front & rear porches w/ large, shared, chain link fenced backyard. Appliances to remain include: dishwasher, refrigerator, & range/oven in each unit. Roof replaced in 2017. Tenants pay all utilities. Owner pays taxes & insurance. DO NOT DISTURB TENANTS.
Investment highlights
1031 Exchange Investment Opportunity
Roof replaced in 2017
Recent vacancy allowing for rent increase or to owner occupy
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