A beautiful piece of property with GREAT income potential. One single family residence and two duplexes are on the property for a total of five units. Seller has plans for an additional four units. All plans will be included in the sale. The current house has three bedrooms, one bath, a single car garage and a good size fenced in backyard. A private driveway leads to the duplexes with plenty of parking.
This property is quite rare. SFD home and a duplex on one 13,500 sq ft lot. Both the house AND the back(west) side of duplex have huge yards and alley access. Rents on the units (especially SFD house) are low. All tenants are mo to mo, but want long term leases. Property has been well cared for. 221 has been completely remodeled. 219 unit was remodeled a few years ago, and 217 (SFD home) had new flooring put in last year. New roof installed on all units Nov, 2011. Low GRM... Great opportunity!