Cash Flowing Corner Duplex in Venice Gardens | 9.0% Cap Rate | 3 Bedroom Side | Portfolio Deal Available.
Looking for reliable income in a prime location? Put your money into real estate instead of riding the stock market rollercoaster. This income generating duplex in Venice Gardens offers a strong 9.0% cap rate, no rental restrictions, and long term tenants already in placea rare find in todays market.
One unit features 3 bedrooms, 1.5 baths, while the other offers 2 bedrooms and 1.5 bathsideal for maximizing rental income or flexible owner occupancy. With recent interior updates, individually metered utilities, and durable block construction, this property delivers dependable performance with minimal hassle.
The duplex brings in $41,400 annually with net operating income of $39,780 and annual expenses of just $1,620. Located on a desirable corner lot and outside the flood zone, it offers peace of mind and long term value for smart investors.
With stable leases already in place, this property is turnkey and ready to start delivering returns from day one. Whether youre looking to expand your portfolio or house hack while building equity, this is a golden opportunity you wont want to miss.
Currently, four of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio dealideal for investors looking to scale fast. Call to inquire on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road.
Income properties like this rarely come availableact fast!
Cash Flowing Corner Duplex in Venice Gardens | 9.0% Cap Rate | 3 Bedroom Side | Portfolio Deal Available.
Looking for reliable income in a prime location? Put your money into real estate instead of riding the stock market rollercoaster. This income generating duplex in Venice Gardens offers a strong 9.0% cap rate, no rental restrictions, and long term tenants already in placea rare find in todays market.
One unit features 3 bedrooms, 1.5 baths, while the other offers 2 bedrooms and 1.5 bathsideal for maximizing rental income or flexible owner occupancy. With recent interior updates, individually metered utilities, and durable block construction, this property delivers dependable performance with minimal hassle.
The duplex brings in $41,400 annually with net operating income of $39,780 and annual expenses of just $1,620. Located on a desirable corner lot and outside the flood zone, it offers peace of mind and long term value for smart investors.
With stable leases already in place, this property is turnkey and ready to start delivering returns from day one. Whether youre looking to expand your portfolio or house hack while building equity, this is a golden opportunity you wont want to miss.
Currently, four of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio dealideal for investors looking to scale fast. Call to inquire on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road.
Income properties like this rarely come availableact fast!
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Private Mailbox
Flooring: Ceramic Tile
Living Area: 1746.00
Roof: Shingle
Land Information
Lot Features: Corner Lot
School Information
High School: Venice Senior High
Middle School: Venice Area Middle
School Elementary: Garden Elementary
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Rental Information
Tenant Pays: Electricity, Sewer, Water
Other Features
Appliances: Range, Refrigerator
Country: US
Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
Legal Description: LOT 1313 VENICE GARDENS UNIT 24
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