2 Units Duplex that is LEGAL!
(1) 3 Bed / 2 Bath
3/2 is Vacant but Rents for $1400 to $1500/mo
Efficiency is rented for $500/mo/mo.
Potential Income is $2,000/mo or MORE!
Potential Cap Rate Net is 15%.
CBS, 2,262 SQFT.
Property Has Code Violations for small stuff like Lawn.( LIEN SEARCH BY REQUEST)
Seller will hold back Full Amount of Fines at Closing in escrow. ($50,000)
Buyer can mitigate fines after closing, and use the money is escrow to pay settlement.
Money left over would go to seller. This would be drafted in agreement at closing.
OR buyer can buy as is and to their own thing later. Taking Offers. Vacant at closing
Showing with Offer subject to walk thru or Zero Inspection.
SEE VIDEO AND PICTURES BELOW in LINKS and MAKE OFFER BASED OFF THAT, RETURN ON INVESTMENT/ CASH FLOW, COMPS, ETC. CLICK OR CUT AND PASTE LINKS INTO YOUR BROWSER TO SEE VIDEO and PICTURES!