What a great opportunity! If you are considering getting into residential rentals or maybe you are an experience investor you won't want to miss this duplex. Two one bedroom/one bath units that have a good rental history and are currently rented out through Jan. 1, 2014. The rental income is $450 per unit. The cap rate is 9% with a projected positive cash flow of $4,820 per year. The owner has recently put on a new roof. These units have 1 bedroom/1 bath have a stove, refrigerator, window AC units, washer and dryer all stay with the units. There is a fireplace in both units but the chimney has been capped off and is not functional.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
