Perfect for investors, this brick duplex features two 3 bed / 1.5 bath units, each offering a fireside living room and updated kitchens. The property produces approximately $33,144 in gross annual income, with estimated annual expenses of 16% ($5,303), resulting in an NOI of approximately $27,841. Based on 20% down, a 30 year amortization, and an estimated 6.3% interest rate, projected annual debt service is approximately $22,050, yielding estimated annual cash flow of $5,791 and a cap rate near 7.5%.
Located just a 12 minute drive from the newly established Archer Aerospace and Rivian manufacturing plant, collectively adding over 8,000 jobs to the area, the property benefits from strong tenant demand and continued growth in the local rental market, making it a solid opportunity for consistent income and long term performance.