Great duplex rental investment property that was recently renovated (Unit B). Over $50K of renovations! Such recent improvements include: A Brand New Roof, new exterior siding, gutters, LVP flooring, paint, granite countertops, painted and refinished cabinets, new appliances (dishwasher, gas range oven), patio rebuilt, light fixtures, as well as other renovations to make it turn key! Current long term tenant is paying undermarket rent at $650 a month. Come April, 2023 tenant's rent increases to $715 a month. Multiple prospective applicants have offered $1200 a month for Unit B. Both units have cozy fireplaces. Nice Schools nearby. NO HOA! Net Cap rate is ~7%!!!! Turnkey key for an investor or owner occupant. Property is SOLD AS IS with No Seller Disclosure forms. Listing Assistant has interest in subject property.
Multi-familyProperty Type
1984Year Built
0.69 acresLot Size
4 spacesParking
Listed by Allen Steigman• America Realty, LLC
Bought with Jingru Sui• Vistaray USA, Inc.
Source:FMLS #7176551
Redfin Estimate
$313,236
$33K since sold in April 2023$18K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 5.8% higher than the average sale price ($296K) of 5 comparable homes.
Great duplex rental investment property that was recently renovated (Unit B). Over $50K of renovations! Such recent improvements include: A Brand New Roof, new exterior siding, gutters, LVP flooring, paint, granite countertops, painted and refinished cabinets, new appliances (dishwasher, gas range oven), patio rebuilt, light fixtures, as well as other renovations to make it turn key! Current long term tenant is paying undermarket rent at $650 a month. Come April, 2023 tenant's rent increases to $715 a month. Multiple prospective applicants have offered $1200 a month for Unit B. Both units have cozy fireplaces. Nice Schools nearby. NO HOA! Net Cap rate is ~7%!!!! Turnkey key for an investor or owner occupant. Property is SOLD AS IS with No Seller Disclosure forms. Listing Assistant has interest in subject property.
FMLS #7176551
Apr 6, 2023
Sold
$280,000
Mar 8, 2023
Pending
—
Feb 15, 2023
Listed
$280,000
FMLS #7127569
Dec 28, 2022
Sold
$155,000
Dec 7, 2022
Contingent
—
Dec 1, 2022
Relisted
—
Nov 20, 2022
Contingent
—
Nov 14, 2022
Price Changed
$209,900
Oct 19, 2022
Price Changed
$219,900
Oct 1, 2022
Listed
$230,000
Great investment property. 2 Bd/ 1 Ba. Long term tenants, property management / handy man in place. Both sides leased through April 2023. Seller has other properties for sale. Can work out package deal. Cash flow from day one. True turnkey rental. Please do not disturb tenants. No showings until due diligence period.
GAMLS #20078226
Dec 28, 2022
Sold
$155,000
Dec 7, 2022
Pending
—
Nov 14, 2022
Price Changed
$209,900
Oct 19, 2022
Price Changed
$219,900
Oct 1, 2022
Listed
$230,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,249 (+15.1%)
$12,800 + $115,520
$128,320
2024
$2,823 (+74.5%)
$12,800 + $115,520
$128,320
2023
$1,617 (+30.7%)
$6,358 + $55,642
$62,000
2022
$1,237 (+3.2%)
$6,400 + $37,480
$43,880
2021
$1,199 (−2.6%)
$6,400 + $31,600
$38,000
2020
$1,231 (−2.0%)
$6,400 + $30,240
$36,640
2019
$1,257 (+3.2%)
$6,400 + $30,440
$36,840
2018
$1,218 (+97.1%)
$6,400 + $29,080
$35,480
2017
$618 (+19.1%)
$4,400 + $13,600
$18,000
2016
$519 (+0.4%)
$4,400 + $13,600
$18,000
2014
$517 (+89.3%)
$2,600 + $12,520
$15,120
2013
$273 (−60.9%)
$2,600 + $4,979
$7,579
2012
$698 (+2.2%)
2011
$682 (−34.8%)
2010
$1,047 (−18.0%)
2008
$1,276
Tax history for 35 Plum Orchard Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,249 (+15.1%)
$12,800 + $115,520
$128,320
2024
$2,823 (+74.5%)
$12,800 + $115,520
$128,320
2023
$1,617 (+30.7%)
$6,358 + $55,642
$62,000
2022
$1,237 (+3.2%)
$6,400 + $37,480
$43,880
2021
$1,199 (−2.6%)
$6,400 + $31,600
$38,000
2020
$1,231 (−2.0%)
$6,400 + $30,240
$36,640
2019
$1,257 (+3.2%)
$6,400 + $30,440
$36,840
2018
$1,218 (+97.1%)
$6,400 + $29,080
$35,480
2017
$618 (+19.1%)
$4,400 + $13,600
$18,000
2016
$519 (+0.4%)
$4,400 + $13,600
$18,000
2014
$517 (+89.3%)
$2,600 + $12,520
$15,120
2013
$273 (−60.9%)
$2,600 + $4,979
$7,579
2012
$698 (+2.2%)
2011
$682 (−34.8%)
2010
$1,047 (−18.0%)
2008
$1,276
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.