Description
This updated and well-kept duplex is conveniently located within walking distance of downtown Winnsboro’s shopping and banking. Each unit includes 2 bedrooms, 1 bath, a living room, a kitchen, a laundry room, and a covered side porch. The property could easily be converted into a single-family residence if desired. Current rents are $1,000/month for Unit 1 and $950/month for Unit 2, generating a total monthly income of $1,950. Tenants pay all utilities, keeping operating costs low. Annual expenses include taxes of $3085 and insurance of just $36/month, resulting in an impressive .10 cap rate with room for growth. With strong demand for quality rental housing in the area, this property is a smart investment or flexible living opportunity. Seller is a licensed California real estate agent. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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0BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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1,746SQFT
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$106$/SQFT
School Information
Description
This updated and well-kept duplex is conveniently located within walking distance of downtown Winnsboro’s shopping and banking. Each unit includes 2 bedrooms, 1 bath, a living room, a kitchen, a laundry room, and a covered side porch. The property could easily be converted into a single-family residence if desired. Current rents are $1,000/month for Unit 1 and $950/month for Unit 2, generating a total monthly income of $1,950. Tenants pay all utilities, keeping operating costs low. Annual expenses include taxes of $3085 and insurance of just $36/month, resulting in an impressive .10 cap rate with room for growth. With strong demand for quality rental housing in the area, this property is a smart investment or flexible living opportunity. Seller is a licensed California real estate agent. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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