Dixie court duplexes
Duplexes
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Multifamily • 2 Units • 1,769 SF
This unit rents for $1200 on each side.
All renovated. 13 duplexes. All brick. Built 2008/2009 in excellent location in Manchester. 26 2 bedroom apartments. This one rents for $1200 on each side. Some of them with pets are at $1250. Some of the very long term tenants are lower for other duplexes but can be easily raised. Currently at around $26k revenue monthly for all apartments which can easily be raised to over $31k as half the apartments are at $1200. I have not on long term tenants as some have been there since built. Almost all have been renovated. All good tenants with 600 or above credit scores with most over 650. Pretty easy to maintain. I've owned these for almost a decade and they always stay full.
Price is per duplex. Only selling together. Selling for potential tax exchange.
Investment highlights
I'm debating selling an entire street of duplexes. All renovated. 13 duplexes. All brick. Built 2008/2009 in excellent location in Manchester. 26 2 bedroom apartments. This one rents for $1200 on each side. Some of them with pets are at $1250. Some of the very long term tenants are lower for other duplexes but can be easily raised. Currently at around $26k revenue monthly for all apartments which can easily be raised to over $31k as half the apartments are at $1200. I have not on long term tenants as some have been there since built. Almost all have been renovated. All good tenants with 600 or above credit scores with most over 650. Pretty easy to maintain. I've owned these for almost a decade and they always stay full.
Price is per duplex. Only selling together. Selling for potential tax exchange.
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