$500,000

About This Property

2 INCOME PRODUCING DUPLEXES. This excellent property, located in an opportunity zone, features 2 duplex units. Each duplex contains two, 2 bedroom, 1 bathroom apartments at 648sq ft each. This property is turnkey and fully occupied. This listing includes 2 parcels (9413 & 9415 Grandfield Road) and is being sold together with MLS #T3385684. Listing price is ONLY for these two parcels and not MLS #T3385684. Average rents for #T3385684 & T3385626 must be sold as group average rents $1,205. This is a great opportunity to own an investment property with a healthy CAP rate. 3 of the 4 units have be renovated with new flooring, updated kitchens & bathrooms. Mini-splits recently installed in 3 of the 4 units. Rental rates have room to be increased, see attached Rentometer. See attachments for offering memorandum, expenses, return rates, surveys, etc.

infoProperty Details

Property Type

Duplex

Year Built

1983

Living Area

1,296 sqft

Lot Size

0.17 acres

Bedrooms

8

Bathrooms

4

Ownership

Fee Simple

Days on Market

138

List Date

chairInterior Features

yardExterior & Lot

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Listed By

CHARLES RUTENBERG REALTY INC

866-580-6402