7403 Longing Trail

This duplex is situated in a desired residential area and makes for a great investment property or buy it and live in one unit and rent out the second unit! Each unit is 3 beds, 2 baths and a single car garage. There are new AC systems on each unit(Summer 2021), new garbage disposals in both units and a new roof was installed in 2020. This property is tenant occupied. One lease($1,025/month) expires on 10/31/21 and the other lease($1,300/month) expires 4/30/2022. Proforma is $1,350 for each unit(10.62% Gross Return). All Utilities are paid for by the tenant. Insurance is $1,151/year and taxes are $5,112.50/year. Estimated Annual Net ProForma is $26,136.50 which is a return of 8.56%.