This is a town-house style duplex with sizeable three-bedroom floorplans in a good location close to Capital Blvd. It is on a cul-de-sac amongst many single-family homes. It is also fully-leased and has vinyl siding.

One tenant has been in place more than seven years and the other has indicated wanting to remain for three years, having just signed a lease this year. The strategy here is to make minor repairs, incrementally raise rents and hold for at least five years.

Property Web site: http://www.deaton.com/Listings/crandon/

* Fully-leased
* Good neighborhood, on cul-de-sac
* Low-maintenance exterior
* Close to I-440 and US 1
* New A/C, water heater in Unit A