Winder Multifamily
Instant cash flow, upside gain w/rent increase to current market value that gets you almost 8% CAP
Marketing description
Investors dream! Cash flow from day one. Awesome duplex with two bedrooms and One bath in each unit. Spacious kitchen and living room areas. Both units are occupied, tenants have been there for over 3-7 years. One unit (# B) is leased with a 60 days notice to terminate, for $1190/month. Lease will end 12/31/2026 The other unit is month-to-month of way below market rent of $850 to with an option to increase the rent or owner occupy. This rent increase is a huge upside gain on this property with insatiable demand for rental in this area. Near the heart of downtown Winder, very convenient location and in a quiet neighborhood. DO NOT DISTURB TENANTS. SOLD AS IS. NO YARD SIGN. NO LOCKBOX.
Investment highlights
Near down town Winder.
Huge upside advantage in rent increase for new owner.
Very quiet family oriented area.
On a cul-de-sac.
New lease signed in one unit for one year.
Endless list of qualified tenant would be provided on demand.
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