$150,000

About This Property

Multi-family duplex fully rented on yearly leases. Total income is $1,575 Monthly $18,900 yearly. Expenses are Insurance $1,262 per year and Taxes-1,445. Income $18,900 minus expenses equals $16,193 NOI. The property is well-maintained by a professional management company that can be retained if needed. Showing with a signed contract and pre-approval or proof of funds. Tenants pay electric, water ad trash. Lease end dates: 03/30/21-02/28/22 03/01/21-02/28/22 If you have a hard time understanding why there are no showings consider this. A property manager must notify the tenants 24-48 hours on advance. In order to do this most PR's send a letter, text, call the tenant and place a letter on the door notifying them. Picture 20 different buyers walking through your living room in the next 7 days - and with Covid back, can you imagine the possible spreading of that and the legal ramifications if a tenant did contract Covid afterward. These are just a few of the reasons why there are no showings. Write a contract and inspect during DD.

infoProperty Details

Property Type

Duplex

Year Built

1984

Living Area

1,540 sqft

Lot Size

0.16 acres

Bathrooms

0

Ownership

Fee Simple

Days on Market

2

List Date

Sep 14, 2021

Sold Date

chairInterior Features

yardExterior & Lot

Listed By

DALTON WADE INC

888-668-8283

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