| Firm: | P&I Real Estate Management |
6854 Lazy Vale Ct. |
|
| Price: | $840,000 |
| Property Type: | multi-family |
| MLS #: | 26003089 |
| Newly constructed duplex (2 units), 100% occupied, delivering strong in-place performance at an attractive 6.3% cap rate with an average rent rate of $1.49/SF. Designed with modern finishes and durable, low-maintenance materials, this property targets quality tenants and provides a turnkey opportunity for investors seeking stabilized cash flow in a growing area. Additional duplexes are available, and a buyer may purchase one or all four as a portfolio (8 total units) if desired. This unit features open-concept living, high ceilings, and abundant natural light. Kitchens are finished with stainless steel appliances, quartz countertops, custom cabinetry, and a breakfast bar. Offers 3 bedrooms and 3 bathrooms, including primary suites with well-appointed bathrooms featuring dual vanities and walk-in showers. Tenants enjoy fenced backyards, with yard maintenance handled by the HOA, supporting a low-touch ownership profile. Additional features include energy-efficient appliances and construction, attached 2-car garages, and ample additional parking. The neighborhood is positioned for continued demand with future amenities planned, including a pond and walking/biking trails, and is conveniently located near shopping, schools, and parks. Bonus Upside / Expansion: Additional duplexes and build-ready lots are also available for sale immediately adjacent, offering a rare opportunity to expand the footprint and create a scalable duplex portfolio in one location. | |
| Area: | Smith |
| Year Built: | 2023 |
| Bedrooms: | Three |
| Bathrooms: | Three |
| CONSTRUCTION : | Brick and Wood |
| COOLING : | Central Electric |
Courtesy: Ihrig, Cole • P&I Real Estate Management • 903-533-1255
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