1010/1012 Gerald Avenue
Property Description
New construction duplex built in 2025 - fully leased and generating income from day one. Two identical units, each with a one-car garage. 1,199 SF per unit. Tile floors throughout, quartz countertops, stainless steel appliances, and impact windows and doors. No HOA. Both units are leased at $1,650/month ($3,300/month combined) with leases commencing August 2026. Annual lease terms. No lease-up risk, no vacancy period - contracted cash flow in place at closing. Well water and septic eliminate water and sewer costs entirely for tenants.
Broker Details
Verawood Realty Inc 305-424-7280
MLS ID: P3386452 State License Number: 279614858
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $499,000 |
| No. of Units: | 2 |
| Year Built: | 2025 |
| Opportunity Zone: | No |
| Price per unit: | $249,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-FMSWFL-2026027378
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