**Terms:** Cash, Conventional, or Seller Financing. **Seller Financing Available:** 15% down payment, 6.5% interest rate, amortized over 30 years with a negotiable balloon payment. Additional terms may apply. **Offer Guidelines:** Large escrow deposit preferred. Financing contingency includes 20-day loan approval, appraisal completed within 14 days, and a 5-day… Read More inspection period. Well-maintained CBS duplex investment property featuring two 2-bedroom, 1-bath units with separate electric and water meters and four total parking spaces (two per unit). *see supplement remarks and mls documents* The property is fully leased with stable rental income: • Unit #1: $1,500/month (lease expires 1/1/2027) • Unit #2: $1,691/month (lease expires 11/1/2026) **Total Gross Rental Income:** $3,191/month ($38,292 annually). Security deposits are held by the landlord, and rent is due on the 1st of each month. Property features a 2019 roof, updated windows, and a brand-new central A/C system in Unit #1. Age of the A/C system in Unit #2 is unknown. The windows have been updated but are not impact-rated. Both units include washer/dryer hookups, assigned parking, and separate electric and water meters, helping minimize landlord utility expenses. Approximate annual expenses include insurance of $8,000 per year and lawn maintenance of approximately $500 per year. The property requires minimal exterior maintenance. **See attached documents in the listing for leases, income information, expense details, and additional property information.** This reads well for investors because it highlights the separate meters, low-maintenance nature of the property, and provides enough expense information to start evaluating cash flow. Read Less
Courtesy of Woolf Realty Inc., Jonathan Woolf, 561-337-0369.
Listing Snapshot
Days Online
82
Last Updated
Property Type
Duplex
Full Baths
2
Square Ft.
1,680
Lot Size
0.13 Acres
Year Built
1980
MLS Number
R11169387
30 Days Snapshot Of 33404
$1.00M
-29%
(avg) sold price
16
-38%
homes sold
189
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: "West of US-1"
Building
Built in 1980, Living area: 1680, Construction materials: "CBS", "Stucco", Toal building area: 1720, 2 total units
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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