3 Duplexes in a row located at 500, 502 & 504 49th Ave, each unit is 2 bedroom 1 bath. Current rents total $2990, owner pays water/trash bill which averages $300 total per month. The range of rent for similar units rented on the MLS in the last year was $550-$750 so there is great value add potential with these properties. All units have W/D connections. 4 units are on Month to Month leases and 2 are leased through mid 2020. Units need some TLC but have great potential. Owner is looking for a cash buyer and wants to sell all three duplexes together. $200k total for all 3 duplexes, that is only $33,333 per unit! Contact me for information on the upcoming open house!
Listing courtesy of KELLER WILLIAMS REALTY GULF COAST.
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