206 N Elm Street

Duplex Opportunity – Ideal for House Hacking or Investment Well-maintained duplex featuring two 3-bedroom, 2-bathroom units, offering a great opportunity for owner-occupants or investors alike. Unit A is currently rented at $890/month with a lease in place through 04/30/2026, providing immediate, stable income. Unit B is vacant, allowing a buyer to occupy, renovate, or place a new tenant at market rent. Financial Overview: Gross Income: $10,680/year (one unit currently rented; Unit B is vacant) Potential Gross Income: $21,360/year (if both units were rented at $890/month) Gross Expenses: $1,801/year (includes only property taxes; owner does not carry insurance or pay utilities, maintenance, or management fees) Both units are in very good condition overall. The primary item to note is that Unit B has a water line issue. A contractor bid has been obtained (now outdated but included for reference) to give buyers a general idea of the potential repair cost. With one unit already producing income and the other ready for occupancy or improvement, this property offers strong potential and flexibility. A solid opportunity for those looking to build equity, generate rental income, or live in one unit while offsetting the mortgage with the other.