Courtesy of: Jean Ivis, Realty Pros Assured, jeanhomes@aol.com
Courtesy of: Jean Ivis, Realty Pros Assured, jeanhomes@aol.com
$249,000
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2 bed
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2.00 Bath (2 Full)
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Lot: 0.22 Acres
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Duplex
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$249,000
820 Narcissus Avenue Investment opportunity in Holly Hill! This well-maintained duplex is located on a quiet dead-end street surrounded by well-kept homes and features two fully occupied 1-bedroom, 1-bathroom units, providing immediate rental income. Each unit offers energy-efficient mini-split HVAC systems, and the roof was replaced in late 2023, reducing future maintenance concerns. Priced at $249, 000, the property has projected long-term rental income of approximately $2, 100 per month. Based on current operating assumptions, it offers an estimated annual net operating income (NOI) of $19, 017 and an estimated 7.64 cap rate. This low-maintenance, income-producing property is an excellent opportunity for investors looking to expand their portfolio or enter the multifamily market with a stable, updated asset in a desirable Holly Hill location.
Courtesy of: Jean Ivis, Realty Pros Assured, jeanhomes@aol.com
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