Gorgeous new construction duplex with high rents and excellent month-to-month tenants. Low HOA fees and expert third party property management already in place! Ever wonder what it’s like to own A class rentals in an A class location with no cap ex for years to come? Wonder no more! Make this Marsh Ave duplex yours today!
Why We Love It: Super safe investment and easy to own with stable tenants and no cap ex needed for a very long time. Double car garage for each side and quality construction. Have a 1031 and need to stash your money somewhere quick?
The Challenge: Cash flow on new construction isn’t the highest returns you will ever see. Buy it for the tax benefits instead and do a cost segregation study for accelerated depreciation. Both tenants are month-to-month and raise rents with 30 days’ notice.
The Value Add Play: With a historical rate of appreciation at 7.4% yearly since 1990 this one is a no brainer as a buy and hold.