Owner financing available with 50% down! Details below!
This Side to side duplex in the northland is for sale with one vacancy currently. Current tenant pays $560, and was long term tenant with no rent increase. Current tenant’s lease ends on 6/30. Take advantage of the vacancies and rent both sides for current market rent of $650-750!
Owners can owner finance with 50% down – $77,500 at 7% interest and up to 20 year amortization. Principle and interest payment would be $600 / month which still leaves plenty of cash flow once both sides are tenanted!
Tenants pay their own utilities which are separated with individual HVAC / WH and W&D hookups in each unit. There is only one water main, but the tenants are billed and pay for their portion.
There is no sign on the property, and please do not disturb tenants without approval.
To see the rest of the Pictures (including the occupied unit: CLICK HERE
To view / download the Investment Analysis Chart: CLICK HERE
To see the MLS listing: CLICK HERE