2200 13th Ave

Description

Investor Opportunity – Duplex with Stable Income, Rent Upside & Portfolio Expansion Potential | $180,000 Well-maintained duplex offering immediate cash flow with built-in upside potential. This property is ideal for investors seeking a combination of current income and future rent growth. Unit A is currently rented at $750/month with a lease in place through January 2027, providing long-term stability and predictable income. Unit B is rented at $660/month with a lease in place through November 2026, offering additional income with opportunity for future rent adjustments. Total current rental income: $1,410/month The property features a new roof installed in 2022, helping reduce near-term capital expenses and improving overall investment security. Both units are currently below market rent, with projected rents estimated in the $850–$950/month range per unit, creating a clear path for increased cash flow over time. Highlights: Total current rental income of $1,410/month Long-term leases in place (Nov 2026 & Jan 2027) New roof (2022) Below-market rents with strong upside potential Stable, low-maintenance investment This property can be purchased individually or as part of a larger portfolio, including multiple duplexes and quadplexes—ideal for investors looking to scale quickly with income-producing assets. Contact listing agent for full portfolio details.