1226 & 1228 Georgetown Road
Property Description
Why start from zero when you can purchase a renovated duplex that is already producing income? Priced at $139,900, this 100%-occupied property offers investors an opportunity to acquire a cash-flowing asset without first searching for tenants. For first-time homebuyers and VA-eligible buyers, it may also provide a future house-hacking opportunity-occupy one unit and use the income from the second unit to help offset the cost of ownership-subject to the existing leases and applicable lender and VA occupancy requirements. Each unit includes one bedroom, one full bathroom, a family room, and a kitchen. Recent improvements include new windows, tile flooring, interior paint, updated lighting, and refurbished cabinetry. Both units are all-electric, and the HVAC system serving Unit 1228 was replaced in 2017. Additional features include concrete-slab construction, driveway parking for up to two vehicles, and a chain-link-fenced backyard. The property is currently income-producing, cash-flowing, and leased under two 12-month leases. Rental and financial information is available upon request. Whether your goal is to add an occupied duplex to your investment portfolio or begin building wealth through a future owner-occupancy strategy, this property offers income today and options for tomorrow. The seller may consider buyer concessions when requested in a written offer. Explore the listing photos and virtual tour, then request the rental information and schedule your private showing.
Broker Details
Blessed Properties (254) 258-2058
MLS ID: H550494000 State License Number: 0550494
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $139,900 |
| No. of Units: | 2 |
| Year Built: | 1970 |
| Lot Size: | 1,056.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $69,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 0 |
ID: 3yd-SMABOR-625254
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