Duplex in Fredericksburg, VA - 12% cap rate, $25k flip

[Ben S.]

2400sqft manufactured home on 1.5 acres in neighborhood on well and septic. New HVAC (2017), water heater (2016), bamboo flooring (2015), light fixtures (2017), Unit B kitchen (2015), Unit A appliances (2017), and much more. 12x14 Shed. Stone road scheduled to be paved and maintained by county. Needs some basic work (baseboard, some flooring, some paint, more stone in driveway, etc).

Unit A: 3 bed, 2 bath, office/den, kitchen, dining, living, laundry. $1400/month, owner occupied.

Unit B: 1 bed, 1 bath, office/den, eat in kitchen, living. $900/month, currently rented.

https://www.realtor.com/realestateandhomes-detail/...

Selling nearby two home property as well, steep discount for cash buyer of both:

https://www.biggerpockets.com/forums/517/topics/59...