Description
Duplex Investment Opportunity - Strong 16% ROI This income-producing duplex features a 2/1 unit on one side and a 1/1 unit on the other. • Unit 1: Currently rented at $850/month • Unit 2: Projected rent $750/month, or an excellent owner-occupant option if desired With a combined rental potential of $1,600-$1,700/month, this property delivers an impressive 16% gross ROI at a $125,000 price point. The property has been completely renovated, including a new roof, and is located just 5 minutes from FSU and FAMU. The yard is partially fenced, offering added privacy and functionality. Situated in a high-growth corridor, this property qualifies for multiple economic incentive programs, including: • Opportunity Zone • Urban Job Tax Credit Area • HUBZone (Historically Underutilized Business Zone) • Southside CRA District Please do not disturb tenants.
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3BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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1,182SQFT
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$106$/SQFT
School Information
Description
Duplex Investment Opportunity - Strong 16% ROI This income-producing duplex features a 2/1 unit on one side and a 1/1 unit on the other. • Unit 1: Currently rented at $850/month • Unit 2: Projected rent $750/month, or an excellent owner-occupant option if desired With a combined rental potential of $1,600-$1,700/month, this property delivers an impressive 16% gross ROI at a $125,000 price point. The property has been completely renovated, including a new roof, and is located just 5 minutes from FSU and FAMU. The yard is partially fenced, offering added privacy and functionality. Situated in a high-growth corridor, this property qualifies for multiple economic incentive programs, including: • Opportunity Zone • Urban Job Tax Credit Area • HUBZone (Historically Underutilized Business Zone) • Southside CRA District Please do not disturb tenants.
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