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Kotohomes partnered with:
Dothan Eagle
For Sale For Rent
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bedrooms
bedrooms
8
bathrooms
bathrooms
0
square feet
square feet
2,808
acreage
Acreage
0.3
open houses
Open Houses
-
year built
year built
1949
full baths
Full Baths
0
half baths
Half Baths
0
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 property is separately deeded but seller intends to sell them together for inherent value. One unit currently vacant and undergoing some updates that Seller can complete prior to close or let new buyer complete. Two of the 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.
Location
Subdivision MORGANS ADD 01
County Orange
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: O6263043
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.   [source]
Last update: Saturday, December 21 2024 at 8:57 p.m. EST
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