Turnkey duplex investment opportunity with strong cash flow potential! This well-maintained 2-unit property is fully tenant occupied with separate utilities, making management simple and expenses low. Current rents are $800 and $900 per month, generating $1,700 in monthly income ($20,400 annually). Tenants pay all utilities, while trash is included in the taxes for added convenience.With low annual taxes of only $1,927.29 and approximate insurance costs of just $1,000 per year, this property offers an attractive expense ratio and solid return potential for both seasoned and first-time investors. Offered at $174,900, this duplex presents an excellent opportunity to add a cash-flowing asset to your portfolio with minimal overhead and steady rental income already in place.Whether you're looking to expand your investment portfolio or secure a reliable income-producing property, this duplex checks all the boxes: strong rents, separate utilities, low operating costs, and immediate cash flow from day one.
Listing courtesy of Point W Real Estate.
Listings courtesy of Pike Wayne Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.