The Key to Buying or Selling
12% Cap Rate! Add this updated, well-maintained duplex to your investment portfolio–or enjoy the benefits of owner-occupied living while your tenant helps pay the mortgage. This solid income-producing property brings in $2,400 per month.Unit 400 – $1,200/mo( 5 months left on lease)This unit features fresh paint, new lighting, updated appliances, and a new dedicated outlet for the bedroom AC. Updated electric panel, furnace, and water heater provide peace of mind.Unit 402 – $1,200/mo (Month-to-month)Updated within the last 18 months, including a newer refrigerator and stove. Mechanical updates include an improved electric panel, furnace, and water heater.Both units offer original hardwood floors, classic architectural charm, and access to a welcoming covered porch perfect for enjoying the outdoor.First Floor: Living room, dining room, kitchen, and a bright sunroom–ideal for office space or flex useSecond Floor: Two large bedrooms and one full bathBasement: Private storage areas for each unit plus laundry hookupsGarage: Each tenant receives one side for storageExterior: Large shared side yardLow Operating Expenses:Water: Averages under $100/monthLawn care: $40 per cutTenants pay their own electricity, gas, and trashThis turn-key duplex offers strong cash flow, modest expenses, and a stable rental history–the ideal addition to any rental portfolio.Sold as a package deal with 250-254 S Douglas and 2111-2115 KenilworthPhotos are of only 1 unit
