Great duplex with lots of potential.Handyman special on a huge 30,000 sq. foot lot at the loop in Mobile.Great neighborhood right off of Government St. at the loop. Potential rents for top and bottom of $1,800/month.
2 BR/1 BTH upstairs. Already rented at $600/month which basically pays your loan while you renovate the bottom unit. Downstairs is fully gutted and ready to be renovated to a 3 BR/ 1 BTH second rental. There was some termite damage but the property has been fully treated and all the rotted wood removed. Market rent for this area is between $750-$900 per month.
Great cash flow opportunity! Call and schedule a walk-thru today!!
For more detailed photos, click here.
Great investment potential!