820 Narcissus Avenue
Property Description
Investment opportunity in Holly Hill! This well-maintained duplex is located on a quiet dead-end street surrounded by well-kept homes and features two fully occupied 1-bedroom, 1-bathroom units, providing immediate rental income. Each unit offers energy-efficient mini-split HVAC systems, and the roof was replaced in late 2023, reducing future maintenance concerns. Priced at $249,000, the property has projected long-term rental income of approximately $2,100 per month. Based on current operating assumptions, it offers an estimated annual net operating income (NOI) of $19,017 and an estimated 7.64 cap rate. This low-maintenance, income-producing property is an excellent opportunity for investors looking to expand their portfolio or enter the multifamily market with a stable, updated asset in a desirable Holly Hill location.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $249,000 |
| No. of Units: | 2 |
| Year Built: | 1960 |
| Lot Size: | 1,240.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $124,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 2 |
ID: 3yd-DBAARFL-1228712
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