This vacant duplex is ideal for investors who are looking for a new project, as it has the potential to produce a 5.5% cap rate after renovations. The owner preferred to keep it vacant for the listing to provide greater flexibility for a buyer. You can start renovations right away. With a renovation, the potential for rental income could increase to over $350 in monthly income after mortgage and all operating expenses, with 6.5% interest financing and a 30% down payment., A complete multifamily investment property analysis is available upon request.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
