Description
Unique opportunity to own a large corner lot while living in one unit (up or down) and renting the other to off-set expenses or cover a mortgage. Investors, two rental units near the heart of downtown, close to midtown, groceries, stores, and the beach. This property consists of a duplex with 3 beds/2 baths up and 2 beds/2 baths down; each including its own courtyard/yard with privacy fence and 2-3 off-street parking spaces. The duplex recently underwent a complete renovation including new roof, HVAC, electrical, hot water heaters, kitchens, baths, and flooring. This dwelling is on one PIN with 844 E 37th and sale is contingent on successful subdivision and new PIN, cost which will be covered by seller and expected to take 30-45 days from time of contract. Estimated income per unit is $2500 month/ combined is $5000 month/ $60,000 per year for excellent return on investment. Rental comps are available upon request.
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5BEDS
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0.08ACRES
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4BATHS
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01/2 BATHS
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2,488SQFT
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$231$/SQFT
School Ratings & Info
Description
Unique opportunity to own a large corner lot while living in one unit (up or down) and renting the other to off-set expenses or cover a mortgage. Investors, two rental units near the heart of downtown, close to midtown, groceries, stores, and the beach. This property consists of a duplex with 3 beds/2 baths up and 2 beds/2 baths down; each including its own courtyard/yard with privacy fence and 2-3 off-street parking spaces. The duplex recently underwent a complete renovation including new roof, HVAC, electrical, hot water heaters, kitchens, baths, and flooring. This dwelling is on one PIN with 844 E 37th and sale is contingent on successful subdivision and new PIN, cost which will be covered by seller and expected to take 30-45 days from time of contract. Estimated income per unit is $2500 month/ combined is $5000 month/ $60,000 per year for excellent return on investment. Rental comps are available upon request.
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