Investment opportunity with potential 7-8% CAP. Two separate houses on a 10,261 sq ft lot. First house 2/1, second house 1/1. Two separate meters for each building. Two central ACs. Roof is replaced, permits are closed. Both houses are freshly painted. All utilities are paid by the tenants. The front house leased for $1550, lease to expire on August 31, 2021. Tenant in place for already 4 years and willing to extend. The second house just freshly painted and can be easily converted into two bedrooms, leased for $1300, till July 27th, 2021, tenant willing to extend. High-demand rental area. Close to all major roads, downtown, and the beach. Expenses include the following: property taxes, insurance, lawn maintenance.
3D tour is available. Property to be sold AS iS.