Description

One or more photo(s) has been virtually staged. LARGE SPACIOUS DUPLEX WITH LONG-TERM TENANT - GREAT LOCATION | NO HOAExcellent investment opportunity and minimal expenses. This generously sized duplex is located in a desirable Palm Coast location near schools, shopping, dining, major roadways, and just minutes from the beach.Each unit features 4 bedrooms, 2 bathrooms, a 2-car garage, and an inside laundry room. Spacious living rooms with soaring vaulted ceilings, creating an open and airy feel. The open-concept kitchen includes a large pantry, beautiful cabinetry, granite countertops, and overlooks the living area. Stainless steel appliances including refrigerator, range, microwave, dishwasher, clothes washer, and dryer are all included. Vertical blinds are also included throughout the property. Fully tiled side A and B Duplex. Electric and water are separately metered, with utilities paid directly by tenants - helping keep owner expenses low.INCOME INFORMATION:Total Projected Gross Monthly Income: $3,770/monthProjected Annual Gross Income: $45,240Unit A: Currently leased at $1,885/monthLease expiration: August 31, 2026Unit B: Recently vacatedProjected rent: $1,885/monthApproximate Annual Expenses: Lawn Care: $1,200 Property Taxes: Approximately $8,000 Insurance: Approximately $1,800Approximate Net Annual Income: $34,308***SPECIAL BUYER INCENTIVE: Professional Property Management INCLUDED for 1 full year through The Cavalieri Property Management.Schedule your private showing today.