Description
Invest in this lucrative duplex in Folsom! Centrally located near I-95, I-476, and Chester Pike, this location has high demand for nearly any renter. Unit 1 on the first floor features 2 spacious bedrooms, a bathroom, a cozy living room, and a fully-equipped kitchen. Downstairs, there's a huge finished bonus room for extra space. Unit 2 on the second floor boasts 1 bedroom, 1 bathroom, a living room, and a kitchen, offering a comfortable living experience. Both units share a convenient laundry room in the basement, as well as additional storage space. Currently rented on a corporate lease to a construction company working on a long-term project, this property generates a monthly rental income of $2,500, with the tenant taking care of all utilities. Lease is M-T-M. Don't miss out on this fantastic investment opportunity!
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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1,952SQFT
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$177$/SQFT
Description
Invest in this lucrative duplex in Folsom! Centrally located near I-95, I-476, and Chester Pike, this location has high demand for nearly any renter. Unit 1 on the first floor features 2 spacious bedrooms, a bathroom, a cozy living room, and a fully-equipped kitchen. Downstairs, there's a huge finished bonus room for extra space. Unit 2 on the second floor boasts 1 bedroom, 1 bathroom, a living room, and a kitchen, offering a comfortable living experience. Both units share a convenient laundry room in the basement, as well as additional storage space. Currently rented on a corporate lease to a construction company working on a long-term project, this property generates a monthly rental income of $2,500, with the tenant taking care of all utilities. Lease is M-T-M. Don't miss out on this fantastic investment opportunity!
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-06T23:50:49.447.