Waterfront Duplex is currently rented with great long term tenants. Terrazzo flooring, separate electric meters. Easy investment property to manage. Currently rented well under market value with more potential. This property also holds the option of Airbnb, with its desirable waterfront location. This is the only Waterfront Duplex I know of on the market. You may never see one again. Nothing fancy but the tenants are happy because it may be the lowest priced rental on the market making it EASY to rent.

-Roof age I was told by the previous owner was 16 years old. Flat roof on both sides of the home was replaced in 2022.
-Septic drain field is about 15 years old.
– Property has a well on a separate electric meter that owner pays.
-Currently both units rented under market value.

Rental income annual $15,600.00
Lawncare annual $ 900.00
Electric for well annual $ 386.00
Insurance $ 1,100.00
Property tax $ 1,390.00
Annual Net income $11,824.00

Unit A Rental amount $ 650.00 Month to month
Unit B Rental amount $ 650.00 Month to month
Showings only to qualified buyers. I will not disturb tenants unless buyer understands the income expenses and is qualified.

General Information

Bedrooms: NULL
Total Square Feet: 15738.00 Sq. Ft.
Price: $199000.00
Property Type: ResidentialIncome
Bathrooms: 0
Lot Size: 0.3600 Acres
Year Built: 1971
Style: OneStory