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Wow! Opportunities like this are scarce in Richfield, where multi-family properties rarely hit the market. Fully occupied and currently generating $2,400 per month in rental income, this brick ranch-style duplex is an excellent opportunity from day one. The left-side unit is completely turnkey and has been extensively updated with more than $40,000 in improvements. In addition to practical upgrades such as new windows and installing A/C, this recently renovated unit has luxury features such as granite countertops and a custom shower. Ask your Realtor for the full list of updates! The right-side unit is also in great condition, making this a truly low-maintenance investment. The left-side unit is leased through 7/31/26, and the right-side unit is leased through 8/31/26. Both tenants will transition to a month-to-month tenancy once their leases expire, offering investors the security of existing leases while maintaining flexibility for future rent adjustments or other long-term plans. Located within the award winning Revere School District, this property is a great choice for those whose investment goals are centered around long term appreciation and building equity. When opportunity knocks, you answer the door! (Note: The photos of the remodeled unit were taken prior to the current tenant moving in.)
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listed By
Agency Name: Keller Williams Chervenic Rlty
Agency Contact: aimeeneiman@kw.com, 330-620-1123
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