West Perrine Addn

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Documents Available: Copy Of Lease(S)
• Architectural Style: Attached
• Cooling: Central Air
• Heating: Central
• Flooring: Ceramic Floor
• Construction Materials: Concrete Block Construction

Description:

Excellent duplex investment opportunity with active Section 8 in a quiet neighborhood. Each unit features 3 bedrooms and 2 bathrooms, central A/C, and separate water and electric meters.The unit has been recently painted, has new impact windows and a new air conditioner. The roof is in perfect condition.
Current rents:
• Unit 10501: $3,200/month
• Unit 10503: $3,330/month
Total monthly income: $6,530
Annual gross income: $78,360
Each unit has its own folio, offering flexibility for future ownership or financing strategies.
With estimated operating expenses at 15%, the property delivers a strong NOI of approximately $66,606 annually, resulting in an estimated Cap Rate of ~8.9% at the asking price.
Ideal for investors seeking immediate cash flow, low vacancy risk, and long-term appreciation.
Please do not disturb the tenants.
Ask about Owner Financing

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Listing ID: A11945969