Property Description
Investor Opportunity! This income-producing duplex currently generates approximately $27,900 in gross annual rental income. The property is occupied and offers immediate cash flow with additional income potential. The owner currently pays the water and sewer service for the entire building, as well as utilities for one side of the property. With strong rental demand and established tenancy, this property presents an excellent opportunity for investors seeking to expand their portfolio or begin building wealth through real estate. Financial information is believed to be accurate but should be independently verified by buyers.
Property is equipped with 2 gas furnaces and 2 central air conditioning units. Per CLS Property Management, 2 tenants currently reimburse the owner through a RUBS (Ratio Utility Billing System). Owner pays the water and sewer bill for the entire building and then allocates utility charges to tenants through the RUBS system. There are 2 separate electrical service panels/meters, one serving each unit.