Description: |
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Turn key duplex rental unit for sale in Upland. Top floor has 3 bedrooms 1 bath and is currently rented at $1,000 per month. 1st floor unit is 2 bedrooms 1 bath and is rented at $769 per month. Net operating income of $15,528 at a 13% cap rate. Tenants are 90% full voucher section 8 with DELCO Housing Authority with guaranteed rental payments. Property was completely renovated in 2006. Annual taxes are $2,483. Tenants have split out utilities and are responsible for heat and electric. Owner pays sewer and water bill. Being sold in AS IS condition. |
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Details: |
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Families: |
2 |
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Bedrooms: |
5 |
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Property Type: |
Duplex |
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Built: |
0 |
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Financials: |
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Listing Price: |
$119,000 |
| Taxes: |
$2,483 |
Contact Information: |
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