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Updated over 10 years ago,
Should I sell my duplex?
Hi,
I have a duplex that I bought in 2008 as my first rental property when I wanted to get into RE investing.
Just would like some recommendations on what others would do with this property.
Details:
Both sides are 2 bd/2 ba - 900 sqft built in 1985
Gross Rent: $1475 ($725/$750)
Paid: $177k with 20% down
Recent repairs include - replace a/c in one unit, replace stove, replace carpet, paint
I have one tenant that is going to move out in the next month. I was thinking about replacing the vanity's, faucets, vinyl floor in kitchen/bathrooms and possible the toilets as these items were old when I bought. My thinking is this might help find someone that wants to live in one side and rent the other and possible help with the sale price.
Thanks
Mike