Looking to be your own landlord? Wanting an investment opportunity?
Take a look at this DUPLEX PLUS available for 42k, or best offer, and you do NOT have to have perfect credit!
This is an Owner Finance option, but cash offers are always welcomed.
This is a duplex on the front part of the parcel and a separate structure that has an apartment above a garage on the back of the same parcel. You’ll be getting two structures that consist of three addresses!
The duplex was built in 1950 and is approximately 1368 sq ft total. Both sides are, currently, rented.
The separate structure with apartment above a garage was built in 1960 and is 1416 sq ft (816 up and 600 down). This unit is not occupied.
These do need a little handyman work, and could be updated or improved, etc. Come make it yours! Your payments can be the same, or less than rents, and will not change (other than taxes or insurance) until your home is paid off!
The main photo is of the duplex that is occupied. The link to photos is of the vacant separate structure.
Addresses consist of:
816 A W 24th
816 B W 24th
816 1/2 W 24th
**Please, do your own due diligence in estimating repairs, as we all have different costs and different tastes on what should be done.
*SAMPLE BUDGET
$ 42,000 Sale Price
$ 3,000 Down Payment
$ 39,000 Balance @ 9.5% for 10 years
—
$ 504.65 Principle + Interest
$ 110 Taxes and Insurance
$ 35 Escrow Servicing
$ ~$649.65 TOTAL Payments
Rentometer Rent Estimate: $ 540-675 PER DOOR / month
Our Rent Estimate: $ 625-650 PER DOOR / month
*Nothing herein is to be construed as an offer of owner financing. All offers, negotiations, and discussion of terms of any financing must be made by a licensed residential mortgage loan originator (RMLO) or attorney. Examples are for illustrative or informational purposes only. Actual terms of financing will vary.
Your Next Step
If you have done the following:
✅ Reviewed the details of this property
✅ Have a down payment available
✅ And ready to take the next step to view it
Please call us direct at 501-251-1717