200-210 W F Street, Culver, 97734
Residential Income - Duplex For Sale in City
$310,000
MLS® #: 220113418
RENT INCREASE: Unit 200 rent went to $945 (1/21)Rare opportunity to purchase a turn key Duplex in Culver. These units have been thoroughly gone through for repairs and updates, including new roof (see attached docs).The duplex sits on a nice corner lot on block off the Main Street of Culver, and neighbors the Culver Schools. Each unit has a fenced back yard and units have recently had the bathrooms, kitchen and laundry room remodeled and updated. Unit 210 comes with a dishwasher. Tenants are month to month, and Unit 200 recently had a rent increase January 1st to $945. Currently the property has a 4.3% CAP rate with 45-55 expense to income ratio. Culver is a very quiet farm town with well known and highly regarded community schools. Few multi family units are in the Culver community, and this opportunity will not last long.Showings will be scheduled after accepted offer. Listing Broker will be present. DO NOT DISTURB TENANTS.
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