23 Kracke Street

Key Details

  • Price: $710,000
  • Beds: 4
  • Full Baths: 2
  • SqFt: 2,011

Full Features

  • Status: Active
  • Type: Other
  • Garage: No
  • Off-Street Parking: Yes
  • Fireplace: No
  • Stories: 2
  • Year Built: 1935
  • DoM: 263 days
  • Listed: 2/10/2020

Description

**Beautiful Victorian Duplex** **Enormous Natural Light!** ***3 Parking Places*** **Experience The Power of a Duplex!!** Owners can live in one unit and SHORT-TERM RENT the other.** The short-term income for the ONE unit...after paying management, taxes, insurance & maintenance is conservatively...$4,200/MONTH !! Live Downtown!..Have the property pay (1) your PITI, and 2) all ownership expenses, and 3) $1,500/month surplus income while you live there! $2,000 lender credit is available to be applied toward buyer's closing costs and prepaids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated concessions. The income numbers are predicated on 70% occupancy at $305/night . Total expenses are estimated to be 30% of gross income.

Location

Schools

Elementary: Memminger
Middle School:   Simmons Pinckney
High School: Burke

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Listed by: Carolina One Real Estate       MLS Disclaimer
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