Description
All brick, spacious two unit FULLY rented property (3bd/1b) each in rapidly appreciating Woodlawn. Significant development in the area including Tiger Woods golf course and Obama Presidential Library. Individual furnaces and water tanks. Tenants pay heat and electric. Recent improvements include two new 40 gallon / 40k BTU hot water heaters, new front walkway / steps / door, furnace maintenance and repairs, cleaned and painted basement. Sit back and collect cash while the area continues to appreciate. Immediate cash flow plus significant rental upside. Pro Forma: 10%+ cap rate & 20%+ cash on cash.
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3BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
Description
All brick, spacious two unit FULLY rented property (3bd/1b) each in rapidly appreciating Woodlawn. Significant development in the area including Tiger Woods golf course and Obama Presidential Library. Individual furnaces and water tanks. Tenants pay heat and electric. Recent improvements include two new 40 gallon / 40k BTU hot water heaters, new front walkway / steps / door, furnace maintenance and repairs, cleaned and painted basement. Sit back and collect cash while the area continues to appreciate. Immediate cash flow plus significant rental upside. Pro Forma: 10%+ cap rate & 20%+ cash on cash.
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