5287 N Toben

Description

Income-producing full duplex with strong in-place rents and immediate cash flow—fully leased and generating $41,400 in annual gross income with upside potential. Fully leased duplex offering a true plug-and-play investment opportunity. Currently rented at $1,725 per side, this property produces strong in-place income and offers an approximate 5.8% cap rate for buyers who choose to self-manage. Professional management is currently in place through Reliance Property Management, giving investors the flexibility to continue hands-off or increase returns through self-management. From the moment you arrive, you’ll notice the impressive three car garages—an uncommon and highly desirable feature for duplex properties—along with abundant parking and a welcoming covered walkway leading to private entrances for each unit. Inside, both units feature a modern, cohesive design with luxury vinyl plank flooring and neutral finishes throughout—durable, low-maintenance, and highly appealing for long-term tenancy. Each unit offers a spacious kitchen complete with stainless steel appliances, granite countertops, and functional layouts that support everyday living and tenant retention. Granite surfaces extend into the bathrooms for a consistent, updated feel. Generous flex space and unique architectural elements throughout add character while enhancing overall rental appeal. Primary suites include private bathrooms, built-in storage, and oversized walk-in closets that stand out compared to typical duplex layouts. The attached three car garage setup not only provides exceptional storage and parking, but also features a rear roll-up garage door—creating a versatile indoor/outdoor connection and unique access to the backyard and patio space. Outdoor amenities include a covered patio and fully fenced backyard, enhancing tenant enjoyment and supporting long-term occupancy. With current rents in place and potential for future increases depending on market conditions, this property offers both immediate income and long-term upside. Low-maintenance finishes and flexible management options make this a compelling opportunity for investors seeking stable income with future upside. Showings only permitted with an accepted contract—please do not disturb tenants.