2 cash-flow Duplexes, fully rented, $2,810 total monthly rent

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2 cash-flow Duplexes, fully rented, $2,810 total monthly rent

Investor · Austin, TX · Member since 2013 · 112 posts · 57 votes

Two duplexes (4 units total) on nice single-family residential street. Convenient parking up front. All units rehabbed in 2016. Tenants are current on their rent payments. Excellent local property management in place. These are 2/1s but have partially finished walk-out basements, which the tenants like very much. There's also a bus line out front, another strong selling point for current and future tenants. The units back to a park.

Please do not disturb the tenants. Tour/inspection available when contract is in place. Happy to share additional pictures and financials. No seller financing but willing to work with Buyer's lender. Will pay commission to Buyer's agent, if any. Thank you for your interest!

The other one looks pretty much the same!

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  • Real Estate Agent · St. Louis, MO · Member since 2017 · 95 posts · 8 votes
    9y

    @Gunnar Teltow

    Are these properties still available? Can you email me more information about these or any other properties you have for sale in the St. Louis area? My email is [email protected] . Thanks!

  • Investor · Top of the World · Member since 2016 · 165 posts · 40 votes
    9y

    Please send me the information about these 4 units.

  • Investor · Austin, TX · Member since 2013 · 112 posts · 57 votes
    9y

    Getting some pressure from employer to divest these units. Cutting price to:

    $139,000

    That's for all four units. 2% rule ;)

    If interested, please PM/email me and I'll give you access the data room with rent rolls and other info. Thanks.

  • Real Estate Investor · Orange County, CA · Member since 2017 · 16 posts · 3 votes
    9y

    @Gunnar Teltow just sent you a request

  • Rancho Cordova, CA · Member since 2017 · 28 posts · 2 votes
    9y
    Originally posted by @Gunnar Teltow:

    Getting some pressure from employer to divest these units. Cutting price to:

    $139,000

    That's for all four units. 2% rule ;)

    If interested, please PM/email me and I'll give you access the data room with rent rolls and other info. Thanks.

     Any hope they would be interested in owner financing?

  • Investor · Austin, TX · Member since 2013 · 112 posts · 57 votes
    9y

    Unfortunately, no owner financing available but I will work with you while you find and go through the closing process with a lender. Thank you for your interest.

  • Real Estate Professional · Milpitas, CA · Member since 2013 · 40 posts · 2 votes
    9y

    Hi, can you please share the details to [email protected]

  • Investor · Austin, TX · Member since 2013 · 112 posts · 57 votes
    9y

    Sure thing, I just sent you a link to the Dropbox. Happy to answer any questions. 

  • Boca Raton, FL · Member since 2017 · 3 posts · 0 votes
    9y

    Hi Gunnar - will you please send me the Dropbox link to [email protected]? Thank you.

  • Real Estate Professional · Milpitas, CA · Member since 2013 · 40 posts · 2 votes
    9y

    hi gunnar ,

    Tried to called you couple of times And left a voice message please call me at :4084315243 

  • Investor · Austin, TX · Member since 2013 · 112 posts · 57 votes
    9y

    @Matt Kendrall: just sent you the link. Call or email anytime with questions - thanks

    @Srikanth Kasa: sorry it took me so long to call you back. Just left you a VM. Call me anytime on my mobile at 512.289.9698. Thank you.

  • Investor · Austin, TX · Member since 2013 · 112 posts · 57 votes
    9y

    Thank you for the overwhelming interest. A couple of good questions came up that I wanted to answer for everyone:

    1. Zillow now lists the value of the duplexes at the offer price ($140k) but prior to them being listed on the MLS it had them at $83k or so each ($166k total). I can't prove that but if you're internet savvy maybe there's a way to look up an earlier version of the Zillow page.
    2. I'm the owner. This is not a brokered deal.

    Thanks!

  • Investor · Long Beach, CA · Member since 2016 · 75 posts · 24 votes
    9y

    @Gunnar Teltow please email me more info (rent rolls, pictures of rehab, scope of work performed in 2016). Thank you! 

  • Investor · Anchorage, AK · Member since 2017 · 10 posts · 0 votes
    9y

    Hi Gunnar, I was wondering if these are still on the market and if they are would you be able to send me some more information to [email protected]. Thanks

  • Port Charlotte, FL · Member since 2014 · 6 posts · 0 votes
    9y

    Hi,Gunnar! Can you send me more information,please?   [email protected]   Thanks

  • Investor · Austin, TX · Member since 2013 · 112 posts · 57 votes
    9y

    @Tanya Sullivan @Donovan Walsh

    Tanya & Donovan, thank you for your interest - just sent you an email with a Dropbox link that includes pictures, rent rolls, tax records etc.

  • Los Angeles, CA - California · Member since 2015 · 60 posts · 17 votes
    9y

    @Gunnar Teltow could you send me info as well? [email protected]

  • San Marcos, CA · Member since 2017 · 3 posts · 1 vote
    9y

    What is the current selling price for these units?  It lists $169k but in the comments you mention $139k.  Also, can you send me information?

    [email protected]

    Thanks.

  • Investor · Austin, TX · Member since 2013 · 112 posts · 57 votes
    9y

    @Tim Probasco

    The price was lowered to $139k to move the units. That's for both duplexes/all 4 units. Owning these is a conflict of interest since my employer invests in real estate as well so it's a compliance issue. 

    Will send you the info. 

  • Lowell, MA · Member since 2017 · 143 posts · 37 votes
    9y
    Could you send me the details on the properties [email protected]
  • Arlington Heights, IL · Member since 2017 · 36 posts · 6 votes
    9y

    Hi Gunnar,

    Can you send me more info to [email protected]

    Greatly appreciate it..

    Thanks

  • Investor · San Diego, CA · Member since 2016 · 13 posts · 2 votes
    9y

    Can you send me info [email protected]

  • Bill KarwackiPro Member
    Investor · Port Orchard, WA · Member since 2015 · 61 posts · 2 votes
    9y

    @Gunnar Teltow could you please send me info as well.  [email protected]

    Thank you.

  • Investor · Denver, CO · Member since 2017 · 9 posts · 2 votes
    9y

    @Gunnar Teltow could you also send me info - [email protected].

  • Real Estate Investor · Cincinnati, OH · Member since 2017 · 34 posts · 2 votes
    9y

    please send info to [email protected]

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