Fully leased, income producing duplex on Romney in the up & coming North Morrison/East Central area, home to hot spots like Edmunds Oast, Hometeam, Lewis BBQ plus new residential & commercial development, including a project by Madison Capital on the adjacent parcel. 6 bedrooms 4 baths total, split into two 3 bed/2 bath ~1040 sq foot units. The upstairs was renovated recently, bringing in $2500/monthly with leases until summer 2019. Downstairs unit produces below market at $1800/month, occupied by the original tenants with leases expiring in February 2019. Parking is easy as Romney, Boyer Ct, and several surrounding streets are non-permitted/ticketed, and there is one space in driveway. Great opportunity for a fully leased, turnkey, profitable multifamily in an area of the Peninsula that is still experiencing development/price appreciation. The entire house was refreshed in 2007 by previous owner, including wiring, plumbing, HVAC, etc so maintenance is minimal. Major appliances (washer, dryers, fridge) are owners and convey with sale.
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.
