Turnkey investment opportunity, own both sides of this duplex with strong, reliable income in place. The property currently generates $3,905/month in rental income, with each spacious unit offering 2,136 total sq ft, 3 bedrooms, 2 bathrooms, basement, attached one-car garage, and a shared driveway. Unit 3812 is leased through 12/31/2026 at $1,900/month to a long-term tenant of 17 years, while Unit 3822 is leased through 11/30/2026 at $2,005/month to a newer tenant who intends to stay long term. Both tenants are 100% Section 8 subsidized, providing consistent and dependable cash flow. Each unit also features a large, fenced backyard, adding to tenant appeal and long-term value. With an immediate GROSS cap rate of approximately 7% and upside potential through future improvements and rent optimization, this is an ideal opportunity for investors seeking stable returns with room to grow.
Courtesy of RE/MAX Northwest Inc . BRADWITHREMAX@MSN.COM,303-994-6625
Selling Office: Jamie Tokarz Real Estate.