Excellent investment! This Duplex is bringing in $20,100.00 annual cash flow based on current 12 month leases. Unit A: Long term good tenant at below market rent. Lease up for renewal in September 2020. Unit B: Remodeled toward end of 2018. Tenant will be renewing in Oct 2019. Easy to keep rented in this desirable area. Property is zoned CG (Commercial General) with lots of development potential in this growing neighborhood. Seller/Realtor owned property since 2000.
Please do not disturb tenants. Seller will work with Buyer to ensure smooth management transition. Seller would like at least a tentative contract (subject to buyer’s inspection) prior to notifying tenants of a pending sale. Property is in good condition and well maintained. With a full price offer, seller willing to contribute 1% of price if any maintenance issues are discovered during buyers inspection.