Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
Duplex in Tampa
I am from Tampa. I am stationed in at Fort Bragg, NC. I recently sold our house and I was looking for a rental property. I found a duplex that was rehabbed and is for sale.
Stats; asking price is $119k; 1850 sq ft; 2 units; 3 bedroom, 2 bath. Section 8 tenants = $1050 and $1100. So both side recently rented. 2010 taxes were only $750 which is really low. It's not in a flood zone. It's block w/stucco construction from 1960. Central heat and air, brand new AC units.
Everything is brand new except the roof. It might last another 5 years.
Any concerns with this? What should my max offer be? Let me know your thoughts.