$199,900
Pending · 168 days on market · MLS# MFRG5090792
| Bedrooms | 5 |
|---|---|
| Living area | 1,820 sq ft |
| Lot size | 0.42 acres |
| Year built | 1959 |
| Property type | Duplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $1,503 |
| County | Lake |
Under contract-accepting backup offers. MULTIPLE OFFERS RECEIVED - HIGHEST AND BEST DUE BY MONDAY (8/4/2025) AT NOON !! Income-Generating Duplex Opportunity – 2-Unit Property! Welcome to this fantastic duplex investment property with 2021 ROOF, perfectly suited for seasoned investors or those looking to start building their rental portfolio. This well-maintained building offers two separate units, providing a great opportunity for steady rental income with room to improve on rent. Unit 1: A spacious 3-bedroom, 1-bathroom unit with a comfortable layout, perfect for families or roommates. Featuring ample natural light, functional living spaces, and reliable tenants, this unit is currently rented at $1,000/month. Unit 2: A cozy 2-bedroom, 1-bathroom unit ideal for smaller households or individuals. This unit also boasts thoughtful design and tenant appeal, and is currently generating $1,000/month in rental income. Both units are occupied, offering an immediate return on investment with $2,000/month in combined rental income. Whether you’re looking to generate cash flow or live in one unit and rent the other, this property provides flexibility and opportunity. Conveniently located near schools, shopping, dining, and transportation, this property appeals to a wide range of renters, ensuring consistent occupancy. Don’t miss this chance to own a stable, income-producing property—schedule your showing today!
Listing courtesy of Bryan Nelson, OLYMPUS EXECUTIVE REALTY INC. Presented by MC Homes Realty Inc · 727432218.