N/A | N/A | 1942 |
Beds | Baths | Sq. Ft. |
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This property presents a unique value add investment opportunity for both seasoned investors and those looking for their first real estate project. The duplex is located right by St Mary's university and off of Culebra Rd, consisting of two units: a 2-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom unit. These units currently generate a combined monthly income of $1650, with tenants on month-to-month leases. The property has undergone recent exterior updates, however, interior renovations are required. This allows for a customized approach to renovations, giving the investor control over costs and the potential for significant value appreciation post-renovation. The property has space to add a 3rd bedroom in the larger unit. This creates potential for increased rental income, providing additional value to this investment opportunity. This is a great opportunity to acquire an income-generating property with substantial room for value addition and increased rental income. As is, this property is a canvas for an investor to come in and add to their portfolio!
Courtesy of The Real Estate Guild, Llc
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