Overview
- Updated On:
- September 27, 2024
- 2,592 ft2
Description
**SHOWING: Saturday September 7, 2024 from 11-1pm**
Welcome to 4928 S 3rd, a townhouse-style duplex perfect for investors or those looking to live in one unit and rent out the other. Each unit offers about 1,200 sq ft of living space, featuring 2 bedrooms and 1.5 baths. The property comes with a detached garage and convenient in-unit washers and dryers for both sides.
Property Highlights:
-Tenant pays all utilities
– Total of 2 units, each 1,200 sq ft
– 2 bedrooms and 1.5 baths per unit
– Detached garage
– In-unit washer and dryer in both units
– Newer HVAC system in one unit (6 years old); older but functional unit in the other
– Currently tenant-occupied with month-to-month leases
– Rent potential of $1,200-$1,300/month, significantly higher than current rents of $800-$850/month due to pre-COVID grandfathering
Note:
– The roof is older (20+ years), and 1,200 sq ft of carpeting in both units needs replacement
– One tenant is scheduled to move out by October 1st
With great rental potential and a prime location, this property offers excellent income opportunities with a little TLC. Don’t miss out on this value-add investment!
***Please DO NOT visit the property outside of the showing ***
- Principal and Interest
- Property Tax
- HOA fee