Description
Property is a Duplex both units are 3 bedrooms 2 bath with Living Room, Kitchen and Laundry Closets in Kitchen. Flooring varies in units, but consists of laminate, carpet, tile and stained concrete. All baths have acrylic tubs and cultured marble surrounds. ACs have been replaced between 2018 and 2020. The units are fully occupied with a current gross rental income of $31,800. Expected yearly gross rental Income is $36,000 with an estimated Cap Rate of 7.5%. Expenses are considered low with taxes, insurance and pest control. Buyer to verify all information deemed important. This is one of a pair of identical duplexes owned by seller. Additional building available - 2040 Esplanade Street , see MLS 897716.
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6BEDS
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0.23ACRES
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4BATHS
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01/2 BATHS
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2,079SQFT
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$216$/SQFT
School Information
Description
Property is a Duplex both units are 3 bedrooms 2 bath with Living Room, Kitchen and Laundry Closets in Kitchen. Flooring varies in units, but consists of laminate, carpet, tile and stained concrete. All baths have acrylic tubs and cultured marble surrounds. ACs have been replaced between 2018 and 2020. The units are fully occupied with a current gross rental income of $31,800. Expected yearly gross rental Income is $36,000 with an estimated Cap Rate of 7.5%. Expenses are considered low with taxes, insurance and pest control. Buyer to verify all information deemed important. This is one of a pair of identical duplexes owned by seller. Additional building available - 2040 Esplanade Street , see MLS 897716.
© 2022 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Livin Right Real Estate. Vendor Member number: 28178. Data last updated: 2022-05-18T23:59:19.283.
Vendor Member #28178.