Overview
- 6 Bedrooms
- 3 Bathrooms
- 2,188 ft
- Year Built: 1935
Description
6 Bedrooms 🛌 | 3 Bathrooms 🚿
2,188 sqft Living Area 📐 | 13,203 sqft Lot 🌳
Built in 1935 🏠
Highlights:
After Repair Value (ARV): $375,000 💰
Market Rent: $3,950/month 💵
No Rehab Needed 🔧
Proximity to Beach 🏖️
No HOA Fees 🚫
Description: Fantastic opportunity to generate positive cash flow immediately! This property is essentially a triplex with 2 separate units and a brand new efficiency. The front home is split into a duplex, each side approximately 900 sqft. The efficiency unit in the back is newly constructed. Situated on a 0.3-acre lot, this property requires no additional work to start earning.
Currently, the duplex rents for $1,500 per side and the efficiency for $950 per month, with all tenants paying their utilities. With reliable tenants in place, paying market rent on time for the past 2-3 years, this investment promises steady income, totaling nearly $4,000 monthly.