$130k
ARV $230k
Gross Cap 18%
Duplex + detached unit - 2561 sqft
each door is a 2bd/1ba
0.24 acres / 10454 sqft
Block exterior
1945 yr built
City water/sewer
Market rent $2800/mo
This duplex + detached unit property is need of full rehab. Both are on the same parcel and each door contains 2bd/1ba.
The duplex is going to need windows, flooring, drywall and kitchen. The electrical, plumbing and framing are all new.
The detached unit is going to need a full gut.
Contractor rehab estimate came in at $35-50k