Property Detail

Description

Well-maintained duplex offering strong investment potential: $2,975 & $2,800/month. Each unit features 3BD+2BA layouts, providing desirable rental configurations. (5.79% CAP with 11.90 GRM.) Bonus income stream from billboard lease adds to overall revenue. Ideal for investors or owner-users seeking upside in a well-located asset. Located just one block east of the local police station, quick access to Superior Grocers, shops, restaurants, and public transportation. Property includes rear parking for up to 5 vehicles and separately metered gas and electricity. Low-maintenance and high-potential. The current billboard lease is with Lamar for $50 a year, and it expires in 2034; then the property owner can renegotiate the terms.