Description
6.02% Cap rate on this well-maintained Duplex in San Antonio neighborhood. 2 mins walking distance to Garfield Elementary and Roosevelt Middle. Great investment due to its proximity to schools and freeway. Either rent both out for 6.02% cap rate or live in one and collect rent on the existing tenant and have the property pay for itself. Low maintenance backyard and each unit comes with 2 bedrooms, 1 full bathroom and 1 attached car garage. Plenty of storage for each unit. All units individual metered. $4,750/month in gross rent ($57,000/yr). Operating expenses are $14,868/yr. Net operating income (NOI) $42,132/yr! 6.02% cap rate! DON'T miss this! Buy this for the new year 2023.
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4BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
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1,924SQFT
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$364$/SQFT
School Ratings & Info
Description
6.02% Cap rate on this well-maintained Duplex in San Antonio neighborhood. 2 mins walking distance to Garfield Elementary and Roosevelt Middle. Great investment due to its proximity to schools and freeway. Either rent both out for 6.02% cap rate or live in one and collect rent on the existing tenant and have the property pay for itself. Low maintenance backyard and each unit comes with 2 bedrooms, 1 full bathroom and 1 attached car garage. Plenty of storage for each unit. All units individual metered. $4,750/month in gross rent ($57,000/yr). Operating expenses are $14,868/yr. Net operating income (NOI) $42,132/yr! 6.02% cap rate! DON'T miss this! Buy this for the new year 2023.
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Listing courtesy of Hui Kai Pi of Realty One Group Future: [IDXCONTACTINFORMATION].