Listed by Yaman Commercial
$285,000
Modern West Side Duplex
Details
Property Type Multifamily
Sub Type Duplex, Two family
Square Footage 7,280
Units 2
Cap Rate 7.80%
NOI $21,539
Tenancy Multi
Year Built 1920
Buildings 1
Stories 2
Acreage 0.170
Zoning R2
Parking Spaces 1 spaces
Parking Per SqFt 0.14
100% Occupancy | 7,280 SqFt
Marketing description
Fully furnished duplex available on the West Side! Renovated from top to bottom, both units have new kitchens, new baths, refreshed hardwood floors, fresh carpets, and trendy paint colors. The building is fully-rented and tenants would like to stay. Recent improvements include two new furnaces, new hot water heaters, new windows, and a new roof and gutters. Performing at an actual 7.8% cap rate. Call your favorite agent and check it out today!
Investment highlights
- Fully furnished duplex located on the desirable West Side.
- Comprehensive renovation: new kitchens, baths, refreshed hardwood floors, new carpets, and modern paint colors.
- Stabilized income: fully rented with tenants expressing interest in staying.
- Recent capital improvements: two new furnaces, hot water heaters, windows, roof, and gutters.
- Strong performance: delivering an actual 7.8% cap rate.
Listing Contacts
Listed by Yaman Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$21,539.00
$1,794.92/mo
Valuation Metrics
0
DSCR
7.56%
Cap Rate
7.56%
ROI
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