Many updates recently done to this little “cash cow” duplex ~ Both sides are rented for a total of $1475 month through January 2019 ~ The Cap Rate (an easy measurement of the “financial quality” of a rental property) is a 14! ** A 10 cap rate is considered a solid investment….15 is out of this world ** 2 Bedrooms and 1 bath on each side ~ 1 side has hardwood floors ~ Both could be used for commercial use if owner desired as it is zoned for either and boasts a HUGE traffic count currently, that is only getting better! ~ New Warrington is undergoing revitalization and as it improves, the value of the land alone will appreciate tremendously ~ This is your chance to own a piece of prime commercial property with built-in cash while you wait for the land to appreciate ~ Seller may consider a rent-to-own with 10% down and a 5 yr balloon *** Please verify square footage and any dimensions or figures that are important to you.
Property Features
- BACKYARD FENCE
- COVERED PATIO
- EAT-IN KITCHEN
- ELECTRIC STOVE
- HARDWOOD
- NONE
- REFRIGERATOR
- W/D HOOKUPS
- WOOD LAMINATE
Location
What's Nearby?
Restaurants
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Coffee Shops
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Grocery
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Shopping Malls
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Education
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