– 3 units on 1 parcel
– Single family in the front
duplex in the back of the Lot
– Both structures have brand new roofs installed last year ( 2023 )
– Both properties have No central Air Systems
Just window units
** Unit A has no window unit
– Property has 3 separate Meters for each unit
owner pays water bills
tenants pay gas and electricity
– Single family :
is M2M( $725 )
1 bed 1 bath approx 600 Sq ft
rent ready
– Duplex ;
Unit A : Vacant
1 bed 1 bath approx 550 sq ft
Updates since pictures were take ;
sheetrock replaced
New cabinets
new toilet
wood floors Now
Ceramic in kitchen
Unit B : Tennant occupied Lease is about to expire ( $700)
1 bed 1 bath Approx 550 sq ft
Could use light cosmetics
– Market Rents for 1 bedrooms 1 bath rooms = $ 700- $850
Property Potential Gross Rents : 2,100 – 2,550 Per month
Rent Comps attached can viewed with the photos
Criteria :
1 bed 1 bath units 400 – 800 living sq ft
Comps from last 180 days