Best Priced Duplex in Edgewater
Best Priced Duplex in Edgewater
4 bed
2 bath
1920 sq ft
Built in 1983
Multi-family
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Location of Neighborhood
14/20
Quality of Floor Plan
17/20
Placement in Neighborhood
6/10
Property Details
This is your chance to secure the best-priced duplex to hit the market since March 2021 — and that’s over 1,700 days ago. Opportunities at this price point, especially in multifamily homes, are nearly impossible to find. Currently, it's being rented under market rent. Request MLS.
Property Details:
- Two units, each 2 bed / 1 bath, 960 sq. ft.
- Separate electric and water meters
- Direct parking for each unit
- Newer roof (2022) and updated tile flooring throughout
Tenant Situation:
- Unit 111: Month-to-month, paying $1,200 per month
- Unit 113: Lease in place, 9 months remaining at $1,250 per month
- Long-term tenants already in place for immediate cash flow
- Investor Upside:
- Renovate to modern standards like nearby comps and unlock double-digit ROI projected at $31,000 (10.43%)
- No HOA, low overhead, and strong rental demand in the area
- Perfect for a purchase, renovate, and hold strategy — or a quick value-add flip
Contact your EquityPro Advisor today and secure this opportunity.
