Side by side duplex Each side: 4 beds / 1 bathroom / 1 detached car garage Roof and mechanicals within 5 years One side vacant ready to owner-occupy, the other side leased until 4/30/26 (duplex is fully remodeled) Current Numbers: • $1,875/mo (tenant pays directly to gas and electric providers) • $7,385/yr taxes • $1,615/yr insurance • $2,262/yr utilities Pro Froma Numbers: • 1st Unit - $2,300/mo (tenant pays directly to gas and electric providers) • 2nd Unit - $2,300/mo (tenant pays directly to gas and electric providers) • $7,667/yr taxes • $2,000/yr insurance • $2,262/yr utilities • $1,700/yr repair budget • $38,511 NOI (with 5% vacancy) • 7% Cap Rate at $555k Owner is licensed agent in MN.
Listing courtesy of Moe Mossa, Savvy Avenue, LLC