HERE IS A REAL ESTATE INVESTMENT THAT GENERATES AN ANNUAL 12% NET RETURN ON INVESTMENT. This duplex is a TOTALLY HANDS OFF investment. No need to travel or worry about collecting rents, maintenance, finding new tenants, etc. June Mason is the largest private property owner in Caribou County (300 plus properties!) and currently manages the property for 10% of monthly rents. The property has new carpet, new paint, new gas meters, new water heater, repaired furnaces, new toilets, new roof, and a remodeled kitchen. Gross rents are 675.00 per month. Tenants have a 12 month rental agreement that started in October 2011. The property sits on a high visibility corner and is close to churches, shopping, schools, etc. The property is rented FULLY FURNISHED and will sold that way. Utilities are separated. Tenants have separate parking areas. There is a detached 2 car garage that tenants can use for a car or storage.THIS IS AN EASY RENTAL PROPERTY TO OWN. EVERYTHING IS DONE FOR YOU. CALL TODAY FOR MORE INFORMATION!!
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Listing Type
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Multi-Family
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Listing ID
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543911
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House Size
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1,251
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Lot Size
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0.26
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Listing Status
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Active
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Year Built
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1905
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County
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Caribou Co.
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Subdivision
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Soda Sprin
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Units
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2
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Garage
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2
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School District 1
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Thirkill
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School District 2
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Tigert
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School District 3
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Soda Sprin
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Taxes
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523.0
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TaxYear
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2010
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Amenities
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Additional Storage, Off Street Parking, Sidewalks
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Construction
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Frame
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Driveway
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Gravel, Dirt
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Utilities
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Sep. Power Meters, Separate Heat
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Foundation
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Concrete
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Location
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Low Traffic
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AIR CONDITIONING
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None
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SHOWING INSTRUCTIONS
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Appointment Needed, 24 Hour Notice
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TENANT PAYS
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Cable TV, Electric, Gas
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TERMS
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Conventional, Cash
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CONSTRUCTION STATUS
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Existing
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DOMESTIC WATER
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City/Public Water
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Landscaping
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Garden Area, Established Lawn, Established Trees
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OWNER PAYS
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Insurance, Sewer, Trash Removal, Water
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Assoc. fee includes
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None
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Sewer Type
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City Sewer
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UNIT #2 FEATURES
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Refrigerator, Newly Renovated, Stove
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UNIT #1 FEATURES
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Separate Storage, Stove, Refrigerator
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SUBMIT TO INTERNET
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Yes
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STYLE/DESIGN
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All Units-Same Level
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ZONING-CITY
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Residential
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ZONING-COUNTY
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Residential Suburban
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BASEMENT/SUBSTRUCTURE
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Crawl Space
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EXTERIOR-FINISH
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Asbestos Slate
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PRIMARY ROOF
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Architectural
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TOPOGRAPHY/SETTING
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Flat
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ELECTRIC PROVIDED BY
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Other
Listing provided by HomeLand Real Estate, ID