Description
Rare Opportunity to purchase a duplex and live in one of the units! Buy your dream home AFTER you purchase rental property and solidify yourself as a landlord not a tenant. The owner has specifically listed the property because Unit A (front unit) has recently become vacant and would entertain the an FHA OFFER from a buyer. Yes it is possible to purchase rental property with an FHA offer as long as you live in one of the units for 1 year or more. If that is not your plan, then just buy this cash flowing duplex and easily rent the other unit as a traditional rental for your portfolio. This location rents easily and has high demand from tenants. Unit A (front unit, vacant) has a market rent of around $1000 /month. Unit B is currently rented at $950/month but can fetch the $1000 with an updated bathroom. Owner pays for water, trash sewer. Separate electric meters. This is the only multi-family building on a wrap around cul-de-sac st. All adjacent properties are single family homes on a quiet street. Currently being professionally managed by RentItNetwork property management in Tampa, they are great property managers. Only serious offers considered to do a showing of unit B.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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1,768SQFT
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$128$/SQFT
School Information
Description
Rare Opportunity to purchase a duplex and live in one of the units! Buy your dream home AFTER you purchase rental property and solidify yourself as a landlord not a tenant. The owner has specifically listed the property because Unit A (front unit) has recently become vacant and would entertain the an FHA OFFER from a buyer. Yes it is possible to purchase rental property with an FHA offer as long as you live in one of the units for 1 year or more. If that is not your plan, then just buy this cash flowing duplex and easily rent the other unit as a traditional rental for your portfolio. This location rents easily and has high demand from tenants. Unit A (front unit, vacant) has a market rent of around $1000 /month. Unit B is currently rented at $950/month but can fetch the $1000 with an updated bathroom. Owner pays for water, trash sewer. Separate electric meters. This is the only multi-family building on a wrap around cul-de-sac st. All adjacent properties are single family homes on a quiet street. Currently being professionally managed by RentItNetwork property management in Tampa, they are great property managers. Only serious offers considered to do a showing of unit B.
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