Baker Duplex

$275,000
For Sale Only
55986 Property ID
1,600 SqFt Size
4 Bedrooms
2 Bathrooms

Description

This Duplex is situated at 19 Wallace Road. The lot approximates 5,100 sq ft in size. It is a part of the middle-income neighborhood of the Greater Chippingham Subdivision. The property is represented by: 2 – 2 bedroom 1 bathroom units with a living / Dining Room. There is an unfinished Efficiency that can be completed to generate additional rental income. The 2 finished units are fully leased with reliable tenants. Each unit rents at $800 monthly. Annual rental income is $19,200. Expenses approximate 40% thereof to generate potential net income of $11,520 The building can be expanded to two (2) stories to add another 2 units, which plus the efficiency will represent a total of 5 units to minimally generate $4,000 in monthly rental income.

Address

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Overview

  • Property ID 55986
  • Price $275,000
  • Property Type
  • Property status
  • Bedrooms 4
  • Bathrooms 2
  • Year Built 2004
  • Size 1,600 SqFt

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Walk Score

61

Walk Score

Somewhat Walkable

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47

Bike Score

Somewhat Bikeable

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