Active Under Contract
Keller Williams Realty-Metropolitan
Turnkey duplex investment property conveniently located to I293, hospitals, restaurants, and shopping. This building is solid and economical! From the Hardie Clapboard Siding down to the tenants paying all their own utilities. Happy tenants make a happy landlord! Each unit offers natural gas heat and hot water. Additional amenities like spacious living rooms, bright kitchens with hardwood floors, 1st floor laundry, unfinished basements for additional storage, game rooms or playrooms. There is plenty of tenant parking and a nice flat private backyard. Rents are below market value and leases are ready to expire by the end of January 2022. New COC to be in place at time of closing. Similar rents in the area are between $1,700-$1,850 a month. With market rents like that it puts the Cap Rate for this maintenance free building between 5.8%-6.5%. Make this property a part of your portfolio today!! Lease agreement for 211 Woodbury expires end of January 2022 and 213 Woodbury expires end of December 2021. Both 211(MLS 4892159) & 213(MLS 4892160) Woodbury are also being marketed individually as condexs.
Listing Office Keller Williams Realty-Metropolitan
Updated 1:21AM - 1/28/2022
Listing Agent Gregory McCarthy
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