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This beautiful property is a turnkey, Housing Authority-approved duplex offering solid returns, low maintenance, and reliable tenants. Each unit features 2 bedrooms and 1 bathroom, making it an ideal setup for long-term rental income. This income-producing property brings in 1,880 dollars per month in rent (970 + 910). One unit has a brand-new 1-year lease; the other is month-to-month. Owner pays no utilities. Gross annual rent totals 22,560 dollars, with estimated yearly expenses (including taxes and insurance) at just 2,000 dollars. That results in a projected net operating income of 20,560 dollars and a strong 10.2% cap rate"”a solid return for any investor. Both 700 sq ft units have been recently renovated and feature new HVAC systems and a new roof "” minimizing future capital costs. Total building size is approximately 1,400 sq ft. Ideal for investors seeking strong, stable returns. This one checks all the boxes "” renovated, fully leased, and cash flowing. Call now to view! This won't last long!
| DAYS ON MARKET | 88 | LAST UPDATED | 7/31/2025 |
|---|---|---|---|
| TRACT | Kendan Park | YEAR BUILT | 1952 |
| COUNTY | Richmond | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | None |
| CONSTRUCTION | Block |
| HEAT | Electric |
| INTERIOR | Ceiling Fan(s) |
| LOT | 10454 sq ft |
| PARKING | Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Kendan Park |
| UTILITIES | Cable Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with eXp Realty - Columbia
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Last Updated: 10/27/25 2:16 AM PDT
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