This portfolio features 5 well-maintained duplexes for a total of 10 units, located in high-demand rental areas with growth potential.
Gross Annual Income: $113280
Unit Breakdown: 10 units (5 duplexes)
Tenant Stability: Strong rent-roll with primarily long-term tenants ensuring dependable income.
Owner & Property Upgrades:
Owned and maintained by a general contractor, these properties have been meticulously cared for and have undergone significant capital improvements.
Key upgrades include:
Vinyl windows in most properties
New water heaters in nearly all units
Newer furnaces in many properties
New carpets in many units
Recent renovations across multiple properties
Value-Add Opportunity: Many rents remain below market rates, offering potential for increased income through rent adjustments and continued upgrades.
This 13% cap rate portfolio presents a solid investment for those seeking a combination of stable cash flow, low-maintenance properties, and long-term growth.