Great opportunity for new investors or experienced landlords. This low maintenance duplex requires minimal time to keep up. The tenants take care of lawn, snow removal and utilities. At this price, cap rate is approximately 11.69%, bringing a good return on your investment. Units are 768 square feet each, on a crawl space. They both feature AC wall units, baseboard electric heat and laundry hook ups. The occupied unit has ceramic kitchen, bath and hall with carpeting in living room and bedrooms. The vacant unit has vinyl kitchen, bath and hall, updated cabinetry. Some newer windows.<span style=font-size: 10pt;=>Vacancy usually low, with 509 recently becoming vacant. Consider investing in this solid income producing duplex. Buyer to verify information, deemed accurate but not guaranteed.</span><div><div><div><br></div><div><br></div><div><br></div><div><br></div></div></div>
Address:507 S Athlone Lane Morocco IN 47963
Sold On: 4/10/2020
Property Type:Income Property
Directions:St Rd 114 and US 41 west to Athlone Lane, north to end until it curves into parking lot, unit is at southern end of street. For sale sign is posted.
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