American Townsites Co Sub

Highlights:

• Lot Features: 1/2 To Less Than 3/4 Acre Lot
• Documents Available: Deposit Held, Copy Of Lease(S), Existing Survey
• Architectural Style: Detached
• Cooling: Central Air
• Heating: Central
• Flooring: Tile
• Construction Materials: Concrete Block Construction

Description:

Excellent investment opportunity! This legal CBS duplex, built in 1989, offers approximately 2,231 total square feet with two spacious 2-bedroom, 2-bathroom units, each approximately 1,100 square feet. Major improvements include a NEW ROOF and IMPACT WINDOWS & DOORS completed in 2026, providing added value and peace of mind for the next owner. Unit A features an A/C system from 2022, while Unit B features an A/C system from 2020. The property also offers a concrete driveway with 4 parking spaces, electrical panels in good condition, and a well-maintained water heater.

Both units provide strong rental income potential. Beginning in December, Unit A will be rented month-to-month at $1,900 per month, while Unit B will be rented month-to-month at $1,950 per month, generating a combined $3,850 in monthly rental income. The month-to-month tenancy provides flexibility for max rents. Whether you're expanding your investment portfolio or looking for a multifamily property with significant recent improvements, this property offers an excellent opportunity.

There is a lot of redevelopment happening in the area and the property is located within walking distance to the new City Hall that will be built.

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Listing ID: A12101396