221 42nd Street

Description

**Fantastic Investment Opportunity! Duplex with Potential - $500,000** Probate Sell, Sold-As-Is WITH TENANTS IN PLACE, NO showings. Write offers subject two inspections. Welcome to this incredible investment property that offers endless potential for the savvy investor! Located in a highly desirable area, this duplex presents a unique chance to add value and maximize returns. The listing price of $500,000 ensures you can seize the opportunity to own this property and capitalize on the thriving real estate market in the area. - Type: Duplex Sec. 8 Rents - Front House: 3 bedrooms, 1.5 bathrooms Rent $1,300 - Back House: 3 bedrooms, 1 bathroom Rent $1,200 **Investor's Dream:** This duplex property is perfect for an investor buyer looking to make a smart investment. The property needs a full rehab, which allows you to unleash your creativity and design your ideal income-generating property. With a little TLC, you can transform this duplex into a highly desirable rental or even consider living in one unit while renting out the other to supplement your mortgage payments. **Prime Location:** The location of this duplex is simply unbeatable. Situated in a sought-after neighborhood with a strong housing market, it offers excellent potential for appreciation. Homes in the area are currently listed for sale at $900,000, highlighting the tremendous opportunity for future gains. **Endless Possibilities:** With both units featuring 3 bedrooms, these spacious living spaces have the potential to attract a diverse range of tenants. Whether you decide to renovate and modernize the interiors or maintain the charm of the existing layout, the flexibility is all yours. Take advantage of this rare chance to secure a duplex with tremendous investment potential. Opportunities like this don't come around often, so act quickly to make this property yours and start unlocking its value. *Please note that the information provided here is for marketing purposes only and is subject to change. Buyers are advised to conduct their own due diligence before making any purchasing decisions.*

Listing information courtesy of: Malika Boudreaux, Coldwell Banker Top Team . *Based on information from the Association of REALTORS/Multiple Listing as of 01/26/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.