Property Description

Whether you're looking to add a rental to your portfolio or have rental income help with the cost of your own home, this two-family property offers flexibility that a single-family home simply can't. Both 2-bedroom apartments are currently rented month-to-month at $650 and $675 per month, producing $1,325 in current monthly gross rent, or $15,900 annually. Each apartment offers 2 bedrooms, 1 full bath and a living room. One apartment has use of the full basement while the other has use of the full attic, providing additional storage space. Water and trash are currently provided. The property has a one-car-wide driveway for off-street parking, and the roof was previously replaced with a full tear-off. Current property taxes are approximately $2,113 annually. The month-to-month tenancy provides flexibility for a new owner, while the existing rental income provides an immediate starting point for an investor evaluating the property's numbers. At $100,000, take a look at what a two-family property can offer that a single-family home cannot. Be aware there are cameras belonging to tenants.

Property Features

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