834-836 Marcy Ave, Duryea, PA 18642

Turnkey Duplex in Duryea - Live in One, Rent the Other! Nearly 14 percent Cap RateLooking for the perfect investment property or a home that can help pay your mortgage? This beautifully renovated duplex in Duryea is just what you've been waiting for. One side of the property was updated a few years ago and already has a reliable tenant paying $1,250 per month. The other side was just completely redone from top to bottom, making it move-in ready for a new tenant or perfect for an owner to call home. With both units rented, this property could operate at nearly a 14 percent cap rate -- a rare find in today's market!The property has all separate utilities with tenants covering gas, water, electric, and trash, while owner expenses for taxes, insurance, and sewer come to about $4,000 per year. It sits on just under a quarter acre with a massive backyard and is conveniently located only 10-20 minutes from Scranton and Wilkes-Barre. Before closing, carpets and a few final cosmetic touches will be completed, so you can step right into a fresh and fully finished space. Whether you're a seasoned investor or a first-time buyer looking to offset your mortgage, this duplex offers the flexibility, income potential, and return you've been searching for.Photos of unit with grey walls currently occupied, updated photos were not taken out of respect for tenant's personal items.*Owner is a licensed real estate agent*HIGHEST AND BEST OFFERS DUE BY MONDAY, 9/22 @ 3PMAll measurements and information are approximate and not guaranteed.