bedrooms
4
bathrooms
2
square feet
1,404
Acreage
0.15
Open Houses
-
year built
1949
Full Baths
2
Half Baths
0
This listing is for two adjacent units, each one a two-unit duplex, so total number of units at this price is 4 units. This is a great income property and the chance to add four doors to your portfolio for instant cash flow. These two units are standalone, adjacent duplexes for a total of four rentable units, each with 2 bed / 1 bath. Each duplex is separately deeded but seller intends to sell them together for inherent value. One rental unit currently vacant and undergoing some updates that Seller can complete prior to close or let new buyer complete. Two of the rental units currently on month to month at below market rents of $800 / mo. The fourth unit has a lease in place until May of 2025 at a rent of $950. If all rents are moved up to market this property should be able to operate at a very desirable cap rate. All units separately metered. Roofs were replaced in 2023 and 2024. Windows and doors on most units have been recently replaced as well for insurability. Reference MLS# O6263043 found in Income properties search for more details re: financials and such.
Location | |
Subdivision | MORGANS ADD 01 |
County | Orange |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: O6263063
Listing agent:
Mike Derenthal
#3074162
Listing broker:
Lpt Realty, Llc.
(877) 366-2213
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Saturday, December 21 2024 at 8:57 p.m. EST
Kotohomes National