Turnkey, fully occupied duplex offering immediate cash flow and long-term stability! This well-maintained 2-family property is 100% leased, with both tenants recently signing new 12-month leases beginning June 1, providing dependable rental income through 2027.
The property currently generates $2,400 per month in total revenue, consisting of $2,100 in monthly rent ($1,050 per unit) plus $300 per month in water, sewer, and trash reimbursements ($150 per tenant). Both units have successfully passed municipal occupancy inspections, offering added peace of mind for the next owner.
Each unit features updated paint, flooring, modern kitchens with stainless steel appliances, sun porches, and private basement storage. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is a true turnkey opportunity with reliable income already in place.
Investment Highlights:
Fully occupied duplex
Both tenants under new 12-month leases beginning June 1
$2,400/month gross revenue
Occupancy inspections passed for both units
Updated interiors with modern finishes
Private basement storage
