Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place. Unit 1 rent: $1,000 per month Unit 2 rent: $1,135 per month Total gross income:… Read More $25,620 annually Net income: $21,630 annually Cap rate: 10.87 percent No HOA This property offers immediate cash flow and is a solid addition to any rental portfolio. Read Less
Courtesy of Texas Ally Real Estate Group, Nir Sheinbein.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Duplex
Beds
2
Full Baths
1
Lot Size
0.17 Acres
Year Built
1900
MLS Number
21259445
Additional Details
Accessibility Features
Features: AccessibleApproachWithRamp
Appliances & Equipment
ElectricOven
Building
Built in 1900, Construction materials: VinylSiding, Levels: One, 2 buildings, 1, Toal building area: 1336
Cooling
WallWindowUnits
Expenses
Insurance: $1,500
Floors
Laminate
Heating
Propane
Income
Gross income: $25,620, Net operating income: $21,630
Lot
0.1708 acres, 7,439 sqft
Parking
1 total parking, Covered
Pool
None
Roof
Composition
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable
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