Why start from zero when you can purchase a renovated duplex that is already producing income? Priced at $139,900, this 100%-occupied property offers investors an opportunity to acquire a cash-flowing asset without first searching for tenants. For first-time homebuyers and VA-eligible buyers, it may also provide a future house-hacking opportunity—occupy one unit and use the income from the second unit to help offset the cost of ownership—subject to the existing leases and applicable lender and VA occupancy requirements. Each unit includes one bedroom, one full bathroom, a family room, and a kitchen. Recent improvements include new windows, tile flooring, interior paint, updated lighting, and refurbished cabinetry. Both units are all-electric, and the HVAC system serving Unit 1228 was replaced in 2017. Additional features include concrete-slab construction, driveway parking for up to two vehicles, and a chain-link-fenced backyard. The property is currently income-producing, cash-flowing, and leased under two 12-month leases. Rental and financial information is available upon request. Whether your goal is to add an occupied duplex to your investment portfolio or begin building wealth through a future owner-occupancy strategy, this property offers income today and options for tomorrow. The seller may consider buyer concessions when requested in a written offer. Explore the listing photos and virtual tour, then request the rental information and schedule your private showing.
Listing courtesy of Blessed Properties.