Up and down duplex property. Main level apartment is 1 bedroom, 1 bathroom all electric unit that rents for $400 per month. The 2nd Level apartment is a 2 bedroom, 1 bathroom all electric unit that rents for $450 per month. Stove and refrigerator are owned by the current owner. and stay with the property. Annual gross income: $10,200 less taxes and insurance nets: $7,902. Current asking price provides the investor with a 10.5% cap rate. Current owner uses the garage for his storage. TENANT OCCUPIED, NO INTERIOR PHOTOS, 24 HOUR NOTICE TO SHOW.
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