Listing Snapshot

List Price	$419,000
Price / Sq Ft	$249
Beds	0
Baths	2
Living Area	1,680 sqft
Lot Size	0.13 acres

Year Built	1980
Property Tax	$3,867/yr
MLS #	1154530761
Status	Active
Days on Market	56

About This Home

Seller Financing Available - Flexible Opportunity. Seller financing offered with 15% down, 6.5% interest, amortized over 30 years with a balloon payment (only negotiable term); all other terms fixed. Well-maintained CBS duplex investment property featuring two 2BR/1BA units with separate electric and water meters and 4 total parking spaces (2 per unit). Fully leased with stable income: Unit #1 rents for $1,500/month (lease ends 1/1/2027) and Unit #2 rents for $1,691/month (lease ends 11/1/2026), totaling $3,191/month ($38,292 annually). Security deposits held by landlord; rent due on the 1st. Property features updated windows, 2019 roof, and brand-new central A/C in Unit #1. Each unit includes washer/dryer hookups and assigned parking. Cash or conventional financing only—no FHA. Strong escrow deposit required with a 5-day inspection period. Financed offers must include loan approval within 20 days and appraisal within 14 days. Contract not assignable; any permitted assignment must be to an entity 100% owned and controlled by Buyer, with Buyer remaining fully liable.

General Features

Property Type: ResidentialIncome
Sub-type: Duplex
Stories: 1
Parking Spaces: 4
Zoning: RM-15(
Utilities: CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable
Subdivision: RAIN-BOW GARDENS