CBS Construction duplex, each unit 2 bedroom and 1 bath
One unit rented long term, month to month under market value for $800
One unit needs full rehab, central air and roof work or replacement
Once rehabbed this property will always be rented due to high demand in the area.
Very close to Broadway and intra-coastal. It could potentially be rented as an Airbnb
Separate electrical and water meters,separate electrical and water meters, plenty of parking
Potential ROI 14.4% Gross & 8.6% ROI NET (inclusive of RE Taxes, 10% maint & pm, $2500 ins)
$200K Investment (purchase + proposed reno, $28,800 Annual Income at $2400 month)