Great investment opportunity! Duplex located on nicely sized corner lot, within Dorch. #2 School District - convenient to shopping, medical buildings, Bosch, Boeing and airport. Each unit has separate fenced yards and are presently rented at $600/month each ($14,400 annual) but could easily be raised to $700-750 (up to $18,000 annual), based off of neighborhood rents. You will definitely want to add this to your portfolio!
One story investment duplex in Ladson Farms with huge CAP rate! Each side rents for $800.00 per month for a total $1600.00 per month. The oversized lot presents the possibility of expansion to a third unit by adding a trailer to the lot to the right of the duplex. The third area has water, sewer and power connections. The owner had a single wide manufactured home on the lot to the right of the home. If you $2600.00 in gross rent is achievable. You can also purchase the lot behind for an addition $5,000 and add more trailors. The roof was replaced five years ago and all new plumbing was done four years ago. Unit A has a new HVAC system. PVC pipe is four years old. Each unit has two bedrooms and a full bath with a fiberglass built-in tub/shower. The spacious living/dining areas and the bedrooms are fully carpeted with long-wearing commercial quality carpeting. The full-size kitchen has a double stainless sink, plenty of wood tone cabinets for storage, white appliances and an adjacent enclose laundry area with washer and dryer connections. The kitchen and bath have easy care vinyl floors. Shady, partially wooded back yard area for privacy and relaxation. Good location close to shopping, dining, conveniences and schools. Buy this house and get $600 of the loan amount plus an additional $150 cash back toward closing costs redeemable only at the time of closing when financing is completed by the seller's preferred lender. Closing costs credit must be mentioned at application and may only be applied to offset actual costs.