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$369,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 6 |
|
2,306 |
$5,012.56 |
2005 |
|
On the market:
4 days
|
Est. Monthly Payment:
$2,627($2,209 + $418 taxes*)
View full details, photos, school info, and price history
INVESTOR SPECIAL | HIGH-YIELD DUPLEX WITH IMMEDIATE CASH FLOW
Property Address: 777–779 Bedford Drive
Positioned in a high-demand rental corridor, this fully occupied duplex presents an outstanding turnkey opportunity offering immediate, reliable cash flow and substantial value-add potential.
Investment & Income Highlights
Immediate Cash Flow: Fully leased to reliable tenants generating $2,975/month in current gross income ($1,475 & $1,500/side).
Leases run through 02/27/2027 and 03/31/2027, guaranteeing immediate income with zero initial vacancy loss, and ability to turnover for upside within 6 months of purchase.
Significant Upside (Pro Forma): With minor cosmetic updates (paint and light cosmetic enhancements), market rents support $1,900–$2,000 per side, bringing total potential gross income to $3,800–$4,000/month.
Strong Net Cash Flow Potential: Projected $1,400–$1,600/month in net cash flow at market rents, and updated carrying cost.
Low CapEx Risk: Major capital improvements are already complete. The roof was replaced within the last 5 years, and all major mechanical systems are in good working condition—minimizing deferred maintenance and protecting your bottom line.
Tenant-Magnet Layout: Each unit features a highly functional 3-bedroom, 2-bathroom floor plan with an attached 1-car garage. This layout commands premium rent, attracts long-term tenants, and minimizes turnover.
Location & Submarket Growth
High-Demand Corridor: Strategically located near primary commuter routes, major regional employment hubs, retail centers, and dining options.
Low Vacancy Submarket: Situated in a high-demand rental pocket characterized by low vacancy rates and steady annual rent growth, positioning the asset for long-term equity appreciation.
Showing & Tenant Privacy
Showing Requirements: Showings are strictly accommodated with proof of funds/pre-approval and advanced notice, preferably during the inspection period following an accepted offer.
Tenant Privacy: Please respect tenant privacy. Under no circumstances should prospective buyers approach or disturb tenants without explicit approval from the listing agent.
Listing courtesy of Jonathan DeBellevue, LPT REALTY, LLC