Duplex Investment Opportunity Excellent income-producing duplex with long-term tenants already in place. If purchased at this price you return on investment will be 7.8%. Much better than a CD or annuity. This property features one 2-bedroom apartment and one 1-bedroom apartment, making it a great addition to any investment portfolio. 2-bedroom unit: Currently rented for $595/month on a month-to-month lease. 1-bedroom unit: Rented through HUD for $540/month. The owner currently pays the water bill for both units. The property also includes a paved parking area with space for up to four vehicles, providing convenient off-street parking for tenants. Recent improvements include: Roof replaced in 2023. Hot water heater for the 1-bedroom unit replaced in 2023. Hot water heater for the 2-bedroom unit replaced approximately 2021. This property is being sold as is. Listing agent is the owner. Whether you're looking to expand your rental portfolio or invest in a property with established rental income, this duplex offers immediate rental income and strong investment potential.
Property Features
Cooling Information
Ceiling Fan(s)
Electric
Window Unit(s)
Wall Unit(s)
Parking
On Site
Paved
Heating Information
Electric
School Information
School Information for 534 Wyatt Road, London, KY 40744