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23 Cedar

For sale
$430,000
Multi-family

Property Introduction

23 Cedar

WOWZIER! Calling all investors! This is a great "House Hack" opportunity. This property needs lots of TLC and updates. This project really isn't for a NEWBIE FLIPPER. This duplex priced as a FIX AND FLIP and is SOLD "AS IS". Both units have had long time renters (30 + years) and no rent increases. #25 is available and #23 has a lease through 10/31/2026. Live in one side and fix and update the other side. This duplex offers each side 3 bedrooms and 1 full bathroom. Increase monthly rents once updated. No garage but driveway and off-street parking. Each unit has a place for a washer/dryer. Enclosed back yard. There is only 1 water meter for this property. Where can you purchase 6 bedrooms and 2 full bathrooms for $430,000? That is $215,000 for each side. Imagine the possibilities! A great 1031 EXCHANGE. Please don't disturb the tenants. The tenants possibly could be home during showings.

Property ID: Active
Source: corcoran

Posted by

3d0dFiM

Location

3d0dFiM

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