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Property description
Investment opportunity! 3/1 duplex, fully rented at $2, 000/mo. CMHA-approved rent increase to $1, 500/mo per unit, with potential for $3, 000/mo. Recent upgrades ($19, 900) include central air, kitchen remodel, and a newly installed battery backup sump pump with street-connected drainage system, addressing potential drainage concerns. Strong cash flow potential with 10% annual Section 8 increases. Projected rent growth exceeds 1% rule at $289, 900.For more details:
Listed by: Marshall Foster