Too Old or Too Good to be true. 100 year old duplex

[Jesse Waters]

I am looking at a 100 year old duplex that is in pretty good shape with a good location.

The building has lots of updates, hardy plank siding, new roof, split utilities, updated kitchens & baths, all appliances included etc.  It is listed for $110k very motivated seller and each unit is rented for $925 furnished with utilities.  Each unit could rent for $600 unfurnished with no utilities.  The history & numbers are solid.

My question is: What am I missing?  I feel like I have missed something with the age of the property, but it doesn't seem that bad.  Anyone with experience with older properties, advise?

If I am not missing anything it seems like a solid deal for my area, especially since I should be able to pick it up for a good bit less than its list.