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Property For Sale

2 South Beloit Duplexes for sale as a package
Author Last Post
Hi Everyone-

I also have 2 duplexes for sale on Blackhawk in South Beloit. I'd like $138,000 for the pair.

Building # 1; Fully rented at $600 up and $600 down.
Building # 2; Fully rented at $400 up and $350 down. Planned rent increases shortly to $475 and $400. Has a massive garage that could be rented on its own. Also has a garden unit that I've left vacant but you could bring back to life.

Tenants pay utilities. With rent increases these will gross $2,075 per month in a nice area of South Beloit and will easily get you an 11%+ cap rate. We've also appealed taxes to get them down to $1,741 and $1,673 per year

E-mail me if you'd like more info about the deal: david@obsidian-onyx.com

Thanks!
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