* PREC - Personal Real Estate Corporation. Attention investors!! This unique investment opportunity is a property that is earning a 7% cap rate & has a lot of potential. There are two houses on one lot (2021 & 2029). You can live in one & rent out the other or rent out both places. Each house has its own large size fenced yard & driveway. Each house has two bedrooms & one bathroom, while one of them, has an extra room (den) in the basement. Each property rents for $1,200 each per month (2,400 total) ($28,800 yearly revenue); tenants pay their own gas & hydro. Expenses are city utilities $2,800.00, taxes $3,085.00 & insurance $2,900.00. The yearly net revenue is $20,000.00. Lot size is taken from Tax Ass., all measurements are approx. & all info. to be verified by buyer if deemed important. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
4
Bathrooms
2
Listing Contract Date
2024-12-02
Municipal ID
013-650-386
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
Architectural Style
Ranch
Basement Type
None
Constructed Date
1952
Construction Style (Attachment)
Detached
Foundation Type
Concrete Perimeter
Heating Fuel
Natural gas
Heating Type
Forced air
Roof Material
Asphalt shingle
Roof Style
Conventional
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Den
Basement
16 ft x 6 ft 6 in
Living room
Main level
15 ft 1 in x 11 ft 3 in
Kitchen
Main level
13 ft 4 in x 9 ft 3 in
Dining room
Main level
10 ft 2 in x 8 ft 8 in
Primary Bedroom
Main level
11 ft 6 in x 11 ft 6 in
Bedroom 2
Main level
11 ft 6 in x 9 ft 7 in
Living room
Main level
13 ft 4 in x 10 ft
Kitchen
Main level
12 ft x 6 ft 6 in
Primary Bedroom
Main level
13 ft 8 in x 10 ft 9 in
Bedroom 3
Main level
10 ft 1 in x 10 ft
Parking Spaces
Name
Spaces
Open
Land
Total Size
11200 square feet
Size of Irregular Land
11200
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