Property Description

Wow! Opportunities like this are scarce in Richfield, where multi-family properties rarely hit the market. Fully occupied and currently generating $2,400 per month in rental income, this brick ranch-style duplex is an excellent opportunity from day one. The left-side unit is completely turnkey and has been extensively updated with more than $40,000 in improvements. In addition to practical upgrades such as new windows and installing A/C, this recently renovated unit has luxury features such as granite countertops and a custom shower. Ask your Realtor for the full list of updates! The right-side unit is also in great condition, making this a truly low-maintenance investment. The left-side unit is leased through 7/31/26, and the right-side unit is leased through 8/31/26. Both tenants will transition to a month-to-month tenancy once their leases expire, offering investors the security of existing leases while maintaining flexibility for future rent adjustments or other long-term plans. Located within the award winning Revere School District, this property is a great choice for those whose investment goals are centered around long term appreciation and building equity. When opportunity knocks, you answer the door! (Note: The photos of the remodeled unit were taken prior to the current tenant moving in.)

Property Features

Local Schools