Description

Under contract-accepting backup offers. Investor Opportunity - Updated Duplex in Venice Gardens | Both sides are rented with annual tenants. LEASES ARE GOOD TILL NEXT DECEMBER!Looking for a smart place to park your money? Skip the stock market and invest in a steady income stream with this fully occupied 2-unit duplex in sought-after Venice Gardens-offering a strong 8.9% cap rate and no rental restrictions.Each side features 2 bedrooms and 1.5 bathrooms, with secure, long-term tenants already in place. Recent upgrades include a new roof, updated flooring, fresh paint, and modern vanities and fixtures-making this a low-maintenance addition to your portfolio.The property generates $40,800 in annual gross income with minimal expenses of just $1,620, delivering a net operating income of $39,180. Utilities are individually metered for tenant accountability, and best of all, the property is not located in a flood zone.Block construction, public utilities, and a central location near beaches, shopping, and schools make this a dependable and desirable investment. Whether you're expanding your portfolio or planning to live in one side and rent the other, this duplex delivers reliable returns and long-term value.Currently, three of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio deal-ideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal with 528 Briarwood Road.Opportunities like this don't hit the market often-act now!