Newer Construction Duplex built by Ocean Development in 2016. Updated in March 2025. Each unit includes 5 bedrooms and 3 baths in approximately 1,750 square feet of living space. Unit 343 receives $5,026 monthly rental income. Unit 341 receives $4,000 monthly rental income. This duplex is thoughtfully designed with one unit in front and the second unit in back - No one above or below either unit. Design features include central heating systems, dual pane vinyl frame windows, solid wood cabinets, and granite counter tops. Private interior laundry room in each unit conveniently on the second level. Property includes a 3 car garage. We feel this is the best investment property opportunity in the area combining modern construction, quality of construction, location, superior features, and superior rental income. This property returns an estimated 6% Cap Rate based on Actual gross rental annual income of $108,312, with estimated Net annual rental income of 77,812. Estimated 10.2xGRM.
Listing courtesy of Listing Agent: Cary Hairabedian (cary@cary4homes.com) from Listing Office: RE/MAX College Park Realty.
Listing sold by Cary Hairabedian from RE/MAX College Park Realty
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