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Updated about 8 years ago on . Most recent reply
A Package Deal of 6 Duplexes and 12 SFRs
I have a package of 12 Single Family and 6 Duplexes for Sale at a Discount! 1040 Delmar is the beginning of the block of properties on the the same street. All units have central heat and air.
Properties are located in booming midtown, near medical district with lots of potential. They are situated in a convenient location of grocery stores, church, freeway, and VA Medical Center.
Rent is $350/mo per door. Monthly rent is $8050! Minimal TLC needed. 95% occupied. Great cash-flowing cow.
Asking price is $400K (or $16.7k/door). Units one block up are selling $40K/door. Financing option available.
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Thanks @Kevin Lee Yes meters are separate, and tenant pays for electricity and gas. I will factor in the other expenses you mentioned.