Cash Flow $1600/m
I have a property north of Houston and seeing you or anyone you may know who would like a turnkey? It’s already making $1600 a month, always early, near the woodlands, and expected to renew contract. The contract doesnt expire until 9/30/2019
duplex w/d in unit off-street parking Comes with all stainless steel appliances.
Located in beautiful Conroe,Tx I have a 1300 sqft duplex for sale. One side is a 3-bed/2-bath with a full kitchen that includes a washer and dryer. The other side is a 1-bed/1-bath with a full kitchen. Wood floors and tile throughout. Granite counters in both kitchens and all bathrooms. Brand new stainless steel appliances in both units. The house was built in 2011 but completely remodeled in 2017. New roof and A/C in 2017. No flooding.
Both units are occupied by the same tenants (large family). $1,600/month ($1000 and $600/month) of total income and the tenants also pay all utilities on top of the rent! There are four individual incomes covering both rents (low-risk)! The tenants are on a 12-month lease ending in 9/2019. They have already expressed the desire to renew the lease. They pay very early each month. Ideal tenants!
This is an excellent opportunity for a turn-key investor or a first-time investment property. $2,400-tax, $900-insurance, $0-HOA. Run your numbers and you will see how good of a deal this is.
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