Description
Prime location duplex offering- Income property built in 1968 with R3e - Established High Density Residential Zoning. 1120-1122 E 15th Street is a stable investment opportunity with one legacy tenant. New Roof in 2023. Side by side duplex with each side offering 2 beds and 1 bath with fenced backyard and in unit laundry. 1120 side has recently been remodeled with LVT flooring, butcher block countertops, new light fixtures, fresh paint, and new hardware. 1122 side is occupied. Unit is leased through 8/31/2024 at a rental rate of $1350 with tenant intent to renew lease for 24-25 year at a rental rate of $1375/month. Prospective rent for remodeled unit 1120 is $1550/month. There are 2 parking spaces, 1 for each unit with on street parking available in the front of the units.
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4BEDS
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0.16ACRES
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2BATHS
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01/2 BATHS
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1,536SQFT
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$280$/SQFT
School Information
Description
Prime location duplex offering- Income property built in 1968 with R3e - Established High Density Residential Zoning. 1120-1122 E 15th Street is a stable investment opportunity with one legacy tenant. New Roof in 2023. Side by side duplex with each side offering 2 beds and 1 bath with fenced backyard and in unit laundry. 1120 side has recently been remodeled with LVT flooring, butcher block countertops, new light fixtures, fresh paint, and new hardware. 1122 side is occupied. Unit is leased through 8/31/2024 at a rental rate of $1350 with tenant intent to renew lease for 24-25 year at a rental rate of $1375/month. Prospective rent for remodeled unit 1120 is $1550/month. There are 2 parking spaces, 1 for each unit with on street parking available in the front of the units.
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