22
$369,000 Sale
Listed 22 hours ago
779 BEDFORD DR
· 6
· 4
· -
· 2306
Key Facts
Key facts for 779 BEDFORD DR
Property Type
Apartment
Parking
2 garage
MLS #
TB8566374
Size
2306 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$5,012.56 /yr
Days on Market
-
Year Built
2005
Maintenance Fee
-
Description
INVESTOR SPECIAL | HIGH-YIELD DUPLEX WITH IMMEDIATE CASH FLOW Property Address: 777–779 Bedford Drive Positioned in a high-demand rental corridor, this fully occupied duplex presents an outstanding turnkey opportunity offering immediate, reliable cash flow and substantial value-add potential. Inv...estment & Income Highlights Immediate Cash Flow: Fully leased to reliable tenants generating $2,975/month in current gross income ($1,475 & $1,500/side). Leases run through 02/27/2027 and 03/31/2027, guaranteeing immediate income with zero initial vacancy loss, and ability to turnover for upside within 6 months of purchase. Significant Upside (Pro Forma): With minor cosmetic updates (paint and light cosmetic enhancements), market rents support $1,900–$2,000 per side, bringing total potential gross income to $3,800–$4,000/month. Strong Net Cash Flow Potential: Projected $1,400–$1,600/month in net cash flow at market rents, and updated carrying cost. Low CapEx Risk: Major capital improvements are already complete. The roof was replaced within the last 5 years, and all major mechanical systems are in good working condition—minimizing deferred maintenance and protecting your bottom line. Tenant-Magnet Layout: Each unit features a highly functional 3-bedroom, 2-bathroom floor plan with an attached 1-car garage. This layout commands premium rent, attracts long-term tenants, and minimizes turnover. Location & Submarket Growth High-Demand Corridor: Strategically located near primary commuter routes, major regional employment hubs, retail centers, and dining options. Low Vacancy Submarket: Situated in a high-demand rental pocket characterized by low vacancy rates and steady annual rent growth, positioning the asset for long-term equity appreciation. Showing & Tenant Privacy Showing Requirements: Showings are strictly accommodated with proof of funds/pre-approval and advanced notice, preferably during the inspection period following an accepted offer. Tenant Privacy: Please respect tenant privacy. Under no circumstances should prospective buyers approach or disturb tenants without explicit approval from the listing agent.
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Listing courtesy of: LPT REALTY, LLC, 877-366-2213

Listings courtesy of Stellar MLS as distributed by MLS GRID.