About 2816 31st St W
Modern design meets reliable cash flow in this rare two-property investment opportunity—perfect for investors seeking immediate income. Both single-family homes are tenant-occupied and offer a seamless transition with zero downtime. Each property features 3 bedrooms, 2 bathrooms, an open-concept kitchen with sleek countertops and quality appliances, a two-car garage, and hurricane-impact windows. Built with energy-efficient materials and high-end finishes, these like-new homes offer long-term durability and strong tenant appeal.
Together, the properties generate approximately $48,000 in gross annual rental income, with estimated annual expenses of $7,951, resulting in a combined net operating income of about $40,049—an estimated 6.67% average cap rate based on the current asking price. Both are located in a high-demand rental corridor with consistent tenant demand and excellent appreciation potential.
Showings are permitted only after an accepted offer to maintain tenant privacy. This offering is ideal for 1031 exchange buyers, portfolio investors, or those looking to enter the rental market with stable, cash-flowing assets.
For property addresses, rent roll, lease terms, and financials, please inquire.
All figures are estimates provided for informational purposes only. Buyers are responsible for conducting their own due diligence.
