Dawon Duplex
Multi-Family
for Sale
| Catylist Listing ID: |
30871798 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
2 Units |
| Building Size (RSF): |
2,710 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.15 - 0.20 Acres
|
| Sale Price: |
$379,000 |
| Unit Price: |
$189,500 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage, Sale/Leaseback |
| Cap Rate: |
7.0% |
| Last Updated: |
7/26/2024 |
Overview / Comments
|
Great rental investment. currently gross rent per side is 1200/month could be increased as high as 1850 each. new netal roof 4 years ago, new hvac 6 years ago, replaced all pex plumbing in 2022. insurance is roughly 3k/yr and property taxes are 1300/yr roughly. Both tenants are currently month to month however would most likely be wanting to do a 12 month agreement depending on details.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Baldwin county |
| Tax ID/APN: |
05-54-07-25-0-000-002.027 |
| Percent Occupied: |
100% |
| Legal Description: |
52 (S) X 158 (S) Irr That Pt Of Lot 3 Cotton Sub Slide 1898- B Desc As Fm Se Cor Of Lot 3 Th Run N 153 (S) For The Pob T H W 49 (S) Th Nw 25 (S) Th W 80 (S) Th N 64 (S) Th Ne 12 0.6 Th E 36.5 Th S 158 (S) To The Pob Sec 25-T7s-R2e (Sp Wd) |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
7,142 |
20,235 |
| Median Age: |
42.17 |
41.22 |
| Households: |
2,922 |
8,281 |
|
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