Charles & Charles Realty LLC
Listed by Charles & Charles Realty LLC
$749,000
512 Bayberry Drive
Details
APN 36434220010590050
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,694
Units 2
NOI $57,300
Year Built 1958
Acreage 0.230
Zoning R1(cit
Multifamily | 2 Units
Marketing description
Rare opportunity to own this special property consisting of 2 completely separate homes on the same lot. Great for long term rentals, short terms rentals or AirBnB. Both homes were newly renovated in 2023 and feature: two year old roofs, new attic insulation, impact windows and doors, kitchens with Quartz counters and Stainless Steel appliances, remodeled bathrooms, newer AC systems, newer water heaters, laminate flooring throughout and tiles in bathrooms. The front house is a 2/2 with a large bonus room, carport, and laundry room. The rear house is a 2/1 with a bonus room, laundry room and lots of privacy- it cannot be seen from the street. Carport, driveway, gravel area and 2nd driveway offer lots of parking. Property also has an RV hook-up. RV does not convey.
Listing Contacts
Charles & Charles Realty LLC
Listed by Charles & Charles Realty LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$57,300.00
$4,775.00/mo
Valuation Metrics
0
DSCR
7.65%
Cap Rate
7.65%
ROI
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