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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29853747

2 Locations For Sale

RD
338517
$625,000
148 days on market
Updated 60 days ago

Two Duplexes

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 4,000
Net Rentable (SqFt) 4,000
Units 4
Cap Rate 0.41%
NOI $2,590
Occupancy 75%
Pro-Forma Cap Rate 0.67%
Pro-Forma NOI $4,200
Price per SqFt $156
Broker Co-Op Yes
Class B
Year Built 2021
Buildings 2
Lot Size (SqFt) 20,000
Parking Spaces 8 spaces
Parking per 1,000 SqFt 2.00
Investment Type Value Add

Two Duplexes in Lafayette, TN

Investment highlights

Investment Opportunity: Two Modern Duplexes in Lafayette, TN Presenting an exceptional investment opportunity with two brand new, two-story brick/vinyl duplexes located at 103 Walton Ave and 601 Haley St in Lafayette, TN. Priced at $650,000 for both properties, these duplexes offer immediate rental income, with 3 out of 4 units already occupied by tenants. Each unit features approximately 1,000 sq. ft. of comfortable living space, including: 2 spacious bedrooms and 1.5 baths Bright living room and eat-in kitchen equipped with refrigerator, stove, microwave, and dishwasher Utility area for added convenience Durable carpet and vinyl flooring throughout Efficient HVAC systems and city utilities These properties are ideal for investors seeking steady cash flow and long-term growth. With modern finishes and reliable tenants in place, you can invest your money here and watch it grow!

Listing Contacts

RD
338517

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$2,590.00
$215.83/mo

Valuation Metrics

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DSCR
0.41%
Cap Rate
0.41%
ROI

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