305 S Clay Street
Property Description
Fully Vacant Duplex - Investor Opportunity! Attention investors and owner-occupants! This fully vacant up/down duplex offers the perfect opportunity to set your own rents or live in one unit while generating income from the other. Each spacious unit features 2 bedrooms, 1 bathroom, and approximately 864 square feet of living space. Both units include refrigerators, stoves, and laundry hookups, while the upstairs unit also includes a dishwasher and a second interior stairwell for proper egress. The utilities are completely separated (minus water and sewer), making this an attractive property for tenants. The upstairs unit is all electric with baseboard heat, and the downstairs unit has gas and electric service with a gas furnace. The property has recently become 100% vacant and needs some minor updates to be rent-ready. The previous owner rented the downstairs unit for $800 per month and the upstairs unit for $750 per month, providing an excellent opportunity to update the property and lease at today's market rates. The seller is highly motivated, creating an outstanding chance to add a cash-flowing duplex to your portfolio or begin your real estate investment journey. Opportunities to purchase a completely vacant duplex are hard to find-schedule your showing today before this one is gone!
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $129,900 |
| No. of Units: | 2 |
| Year Built: | 1999 |
| Lot Size: | 1,728.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $64,950 |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-KBORIN-202630280
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