Great investment opportunity in Kemp. This renovated duplex is fully occupied and producing steady rental income. Each side offers 2 bedrooms and 1 bath with modern updates and reliable tenants in place.
Unit 1 rent: $1,000 per month
Unit 2 rent: $1,135 per month
Total gross income: $25,620 annually
Net income: $21,630 annually
Cap rate: 10.87 percent
No HOA
This property offers immediate cash flow and is a solid addition to any rental portfolio.
Features
directions_car1 carspace
1336 sq. ft. floor area
crop_free1336 sq. ft. lot size
cottageDuplex
Property history for 107 E 11th St
2024
Rented
Undisclosed
07 Jul 2024 by Fathom Realty LLC
2024
Rented
Undisclosed
24 Jan 2024 by Fathom Realty LLC
2021
Sold
Undisclosed
15 Jun 2021 by Tresa Thomson, of Fern Real Estate
Happy sellers in Kemp
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Local market activity for duplexes in Kemp
Sold
For Sale
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