This well-maintained four-bedroom, two-bathroom duplex offers a stable and attractive investment opportunity with a long-term tenant already in place in 516. The tenant in 518 is short-term, which would offer a buyer the option to occupy one unit and continue to rent the other. The duplex has private driveways for each unit, adding convenience and security to occupants. A 3-bay garage with alley access adds to the allure of this property providing added storage for vehicles and other property. Each unit features a spacious living area, in-unit laundry hookups, one full bathroom, and one bedroom. Sliding glass doors lead to a fenced back patio area with access to the garages. A reliable long-term tenant has occupied 516 for almost 10 years, ensuring consistent rental income. This is a rare opportunity to acquire a high-performing rental property in a thriving rental market with the option to occupy 518 or re-rent it.
Presented By: Propnetics; 970-380-7703
Interior Features for 518 Carson St
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area1758
Air Conditioning Y/NYes
BasementStructural Floor
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
General for 518 Carson St
AccessibilityNo Stairs
AppliancesDishwasher, Refrigerator, Disposal
Architectural StyleRanch
Attached Garage No
Cap Rate6
CityBrush
Construction MaterialsWood/Frame
CoolingEvaporative Cooling, Ceiling Fan(s)
CountyMorgan
ElectricElectric, Separate Meter Electricity
Elementary SchoolThomson Pri/Beaver Valley
ExclusionsPersonal property of the current tenants are not included.
Facing DirectionEast
Garage Spaces3
Garage Y/NYes
Gas Y/NSeparate Meter Gas
Gross Income24300
HOANo
HeatingForced Air
High SchoolBrush
High School DistrictBrush RE-2J
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet7000
Lot Size UnitsSquare Feet
MLS AreaMorgan
Middle/Junior High SchoolBrush
Net Operating Income24300
New ConstructionNo
Number Of Units Total2
Operating Expense2700
Patio/Porch FeaturesPatio
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofFiberglass
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Structure TypeDuplex
Subdivision NameSECOND ADD
Tax Annual Amount1815
Tax Year2024
Tenant PaysGas, Electricity
UtilitiesElectricity Available, Cable Available
Waterfront Y/NNo
Year Built1977
Exterior for 518 Carson St
Building Area Total1758
Covered Spaces3
FencingPartial
Horse Y/NNo
Lot FeaturesLawn Sprinkler System
Lot Size Acres0.16
Lot Size Area7000
SpaNo
Water SourceCity Water
Additional Details
Price History
Schools
Middle SchoolBrush Middle School
High SchoolBrush High School
Elementary SchoolThomson Pri/Beaver Valley Elementary School
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