šļøĀ Affordable Duplex Opportunity in Factory Place ā Strong Rental Upside & Multiple Exit StrategiesĀ š
ThisĀ 1926 duplexĀ offers a prime value-add opportunity for investors looking to build equity and long-term cash flow.
š¹Ā 2 Units Total
Each unit features:
āļø 1 Bed / 1 Bath
āļø 544 SF per unit
āļø 1,088 SF total
Whether youāre planning aĀ full rehab and holdĀ or looking for aĀ fix-and-flip opportunity, this property has multiple profitable paths.
š°Ā Rental Potential:
EstimatedĀ $700ā$800/month per unitĀ after renovation.
š§Ā Property Highlights:
⢠Full renovation needed
⢠Roof will need replaced š
⢠Unfinished basement š§±
⢠Detached garage š
⢠4,792 SF lot š³
šĀ Recent Duplex Comps:
ā¢Ā 1545 E LegrandeĀ ā 1/1 each side, 634 SF each, sold as-is forĀ $69,900Ā (11 DOM)
ā¢Ā 1844 E MinnesotaĀ ā 2/1 each side, 728 SF each, sold as-is forĀ $95,000
ā¢Ā 1727 S RandolphĀ ā 1/1 each side, 616 SF each, sold forĀ $160,000Ā after updates (5 DOM)
With comparable sales ranging fromĀ $69K to $160K, this deal offers strong upside for the right investor.