Presenting an attractive investment opportunity, this property comprises two studio duplexes, totaling four units, situated on a private road. Constructed with solid block construction, these duplexes have new roofs (installed in September 2022), refreshed exteriors (painted October 2022), and upgraded amenities including new water heaters and window units. Notably, one unit underwent a complete remodel in October 2022, featuring brand new cabinets, countertops, range, refrigerator, paint, and flooring.
Each studio within the duplexes includes a full kitchen and bathroom. Currently, three units are leased to long-term tenants on month-to-month agreements, generating $960 per month each, while one unit is rented for $1,040 per month until the end of June 2024.
These duplexes are part of a package with the adjacent house (1510 13th St W). All properties are conveniently located on the same private road. The seller is firm on selling the entire package and will not consider separate sales. The combined annual gross income from all five units is an impressive $68,040.
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