Property Description

Wonderful investor opportunity to purchase a duplex where each unit has two bedroom, a living room, dining room, kitchen and bath. Second floor is currently vacant. Rents are approximately $1100 a unit. Landlord pays the water bill and charges the tenants $50 a month for water. Tenants pay their own gas and electric. Landlord general annual expenses for this property in addition to taxes are: Electric (for stairways) - $540 Rental license - $150 Business privilege tax- $50 Insurance - $1650 Property is conveniently located a block from a bus stop and very close to 69th street transportation center and shopping. Other half of the duplex (81 S. State Road) is also for sale for the same price and seller would love to have one buyer purchase both sides of the twin. Great opportunity for excellent rental income. Note: Seller is selling this property as is and buyer responsible for repairs to get the U&O from the township. Seller has had annual rental inspections to maintain the property to make it rentable.

Property Features

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