Description
Unique opportunity to own a large corner lot with three rental units in the heart of downtown...close to midtown, groceries, stores, and the beach. This property consists of a duplex with 3 beds/2 baths up and 2 beds/2 baths down; each including its own courtyard/yard with privacy fence and 2-3 off-street parking spaces. The duplex recently underwent a complete renovation including a new roof, HVAC, electrical, hot water heaters, kitchens, baths, and flooring. The third unit consists of a completely separate 4/5 bedroom single-family home with two baths. It is move-in ready and rentable as-is or someone can put their own touches on it and renovate further. It also has a new roof, large yard, and dedicated off-street parking. All three dwellings are on one PIN and can be subdivided by the new owner, if desired. Estimated income for all three units combined is $7500 per month/ $90,000 per year for excellent return on investment. Rental comps are available upon request.
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9BEDS
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0.16ACRES
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6BATHS
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01/2 BATHS
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3,967SQFT
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$239$/SQFT
School Ratings & Info
Description
Unique opportunity to own a large corner lot with three rental units in the heart of downtown...close to midtown, groceries, stores, and the beach. This property consists of a duplex with 3 beds/2 baths up and 2 beds/2 baths down; each including its own courtyard/yard with privacy fence and 2-3 off-street parking spaces. The duplex recently underwent a complete renovation including a new roof, HVAC, electrical, hot water heaters, kitchens, baths, and flooring. The third unit consists of a completely separate 4/5 bedroom single-family home with two baths. It is move-in ready and rentable as-is or someone can put their own touches on it and renovate further. It also has a new roof, large yard, and dedicated off-street parking. All three dwellings are on one PIN and can be subdivided by the new owner, if desired. Estimated income for all three units combined is $7500 per month/ $90,000 per year for excellent return on investment. Rental comps are available upon request.
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