$190,000 — APPRAISED AT $205,000. FULLY LEASED AT $2,265/MO. $15,000 in equity at closing. Both units occupied and performing! 1.19% rent-to-price, 8.4% cap. Gut renovated 2024: brand new roof, furnaces, water heaters, electrical panels. Nothing deferred. Both units feature 2 bedrooms, 1 bath, a separate living room, and an open-concept kitchen. Stylishly designed with in-unit laundry and access to a large private backyard. The upper unit is leased at $1,105/month, and the lower unit is leased at $1,160/month. Appraisal, rent roll, leases, and full expense breakdown available on request. Seller will consider a rate buydown credit in lieu of price reduction. Owner-occupants: FHA 3.5% down, live on one side, the other covers most of the note. Perfect for investors or owner-occupants looking to house hack.
Listing courtesy of EXP Realty, LLC.
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