Motivated seller! This modern duplex, just blocks from Temple University, offers a fantastic opportunity for investors and owner occupants. Each unit features four bedrooms and two full baths, with all appliances included and contemporary finishes that make them move in ready.
Currently, one room is rented on a month to month lease for $550/month, and the property has the potential to generate $4,400/month if fully rented, or $2,200/month from one unit to help offset a mortgage for an owner occupant. The property is currently assessed at $828,000, resulting in overinflated taxes. A successful tax appeal could dramatically lower the taxes, increasing the property’s cash flow and overall value. Based on potential rental income, this property offers a pro forma cap rate of 8%.
Built in 2013, this duplex combines location, modern living, and strong income potential in a highly desirable Temple area neighborhood. Don’t miss your chance to own a turnkey property with multiple paths to profitability!
The data relating to real estate for sale on this website appears
in part through the BRIGHT Internet Data Exchange program, a voluntary
cooperative exchange of property listing data between licensed real
estate brokerage firms in which participates, and is provided by BRIGHT
through a licensing agreement. The information provided by this website
is for the personal, non-commercial use of consumers and may not be used
for any purpose other than to identify prospective properties consumers
may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
