Sold!
$477,000
7
Beds
2
Baths
2,130
Living Area
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Property Description
Outstanding investment opportunity with a strong 7.9% cap rate. Ideal for a 1031 exchange and qualifies for flipping. This front-and-back duplex features a small private yard and two on-street parking spaces. Located in Lower Belvedere, the property offers convenient access to downtown shopping, highways, and Shed Park. The front unit is brick frame, while the rear unit is wood frame construction. Property is being sold "as is, where is." Two paying tenants are currently in place and are willing to stay for an investor.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
- Parking Spots: 2
- Property Type: Multi Family
- Total Rooms: 11
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Construction: Frame, Brick
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Ttf
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Amenities
- Parking Features: Paved Drive, On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $469,600
- Tax Year: 2024
- Total Rent: $3,883
- Rental Fee Includes: Unit 1(Gas, Water), Unit 2(Water)
- Taxes: $5,593
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