940 W 36th Street, Unit 1

Description

Seller Financing Available-Flexible Opportunity. Seller financing offered with 15% down, 6.5% interest, amortized over 30 years with a balloon payment (only negotiable term); all other terms fixed. Well-maintained CBS duplex investment property featuring two 2BR/1BA units with separate electric and water meters and 4 total parking spaces (2 per unit). Fully leased with stable income: Unit #1 rents for $1,500/month (lease ends 1/1/2027) and Unit #2 rents for $1,691/month (lease ends 11/1/2026), totaling $3,191/month ($38,292 annually). Security deposits held by landlord; rent due on the 1st. Property features updated windows, 2019 roof, and... Read more brand-new central A/C in Unit #1. Each unit includes washer/dryer hookups and assigned parking. Cash or conventional financing only-no FHA. Strong escrow deposit required with a 5-day inspection period. Financed offers must include loan approval within 20 days and appraisal within 14 days. Contract not assignable; any permitted assignment must be to an entity 100% owned and controlled by Buyer, with Buyer remaining fully liable.