2 Adjacent Duplexes, Flood Insurance Not Required
Presenting a prime multifamily investment opportunity located in a B-flood zone, flood insurance is not required and is available individually or as a two-building package.
These adjacent duplexes comprise four units in total, each with two bedrooms and one bathroom, offering approximately 1,000 square feet of living space per unit.
All four units are currently rented for a total of $4,000 per month ($1,000/m per unit). According to a recent property analysis by Abbott Price, the potential total rental income is estimated at $4,800 per month ($1,200/m per unit).
Each unit is equipped with central air conditioning, washer/dryer hookups, and is separately metered for electricity and water. This property is an excellent investment opportunity, benefiting from favorable insurance costs and stable rental income.
Investment Highlights:
- Located in a B-Flood Zone (Flood Insurance Not Required)
- 4-Units Total, 2 bedrooms and 1 bathroom per unit
- Approx. 1,000 SqFt per unit (approx. 4,000 SqFt total)
- All units currently rented at $1,000/m ($4,000/m total)
- Separately metered for electricity and water
- Central air conditioning
- Washer/dryer hookups
- Off street parking