$699,000

House for sale Dover
Property photo number 1 of 16 Photos for Property. File  105277364_29_1c21a811c270ad6166455cebdb292af8.jpeg

Overview

SUMMARY: Discover an opportunity with this Dover house for sale and available for $699,000. This could be your next ideal home or a smart investment. More details await.
Rare opportunity to own a well-maintained, income-producing legal two-family home generating over $5,500 per month in rental income with a strong 7%+ cap rate. One unit is recently renovated, with 3 porches around for extra spaces. Another units is in good condition with long term
tenant in place and good rent rent income. This property is ideal for investors seeking immediate cash flow or owner-occupants utilizing FHA financing while offsetting housing costs with rental income.The home features separate utilities for each unit, including gas, electric, water, and sewer, allowing tenants to pay their own expenses. Additional highlights include a two-car garage, ample driveway parking, a full basement with laundry possible and storage areas, a spacious backyard, patio, and potential future development opportunities, including possible lot subdivision (buyer to perform due diligence).
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Details

  • Beds: 5
  • Baths: 2
  • Price: $699,000
  • Reference No.: 95396164

Location

Marketed by:

  • Xianghui Lotus Zhang
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