This 5 bed 3 bathroom duplex is approximately 1728 sq ft with front
unit consisting of 2 beds 1 bath and back unit having 3 beds 2 baths.
The units are on Section 8 housing which guarantees rent subsidies
from the government. Unit 1 has a $1639 subsidy with $190 paid from
the tenant and the back unit brings in $1362 subsidy with $206 paid
from tenant. Both units have extremely nice, paying, coorperative
tenants and both are working on getting their certificate from Section 8
should a move out be necessary down the road. The property is perfect
for a fix n flip with major potential or even a buy and hold with
automatic income after closing. A perfect investor opportunity! Total
rent brought in is just under $3400, which could be higher later with
updating throughout. Call now as this one won’t last.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $640,000 | $370 | NextMove Real Estate | |
Price Changed | $640,000 -5.19% | $370 | NextMove Real Estate | |
Price Changed | $675,000 -4.93% | $391 | NextMove Real Estate | |
Price Changed | $710,000 -2.07% | $411 | NextMove Real Estate | |
Listed For Sale | $725,000 | $420 | NextMove Real Estate |
Elementary School Fifty - Ninth Street Elementary | 0.3 miles away | KG - 05 | |
Junior High School Horace Mann Junior High | 0.6 miles away | 06 - 08 | |
Middle School Kipp Academy Of Opportunity | 0.6 miles away | 05 - 08 |