Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Welcome to this exceptional investment opportunity! This meticulously maintained 3-unit building offers a prime arrangement for both investors seeking strong rental income and homeowners desiring supplemental revenue. The first-floor duplex boasts a generous layout featuring 4 bedrooms, 2 full baths, a convenient laundry room, and ample storage space, providing a comfortable dwelling for its occupants. Currently leased to a CHA tenant at $1, 389 per month, this unit assures steady rental income. Ascending to the second floor, discover a charming 2-bedroom, 1-bath unit with a finished attic presenting a private entrance and an additional bathroom. Currently rented to a CHA tenant for $1, 103 per month, the attic's separate entry offers a unique opportunity for increased rental yield. Both units enchant with hardwood floors and enclosed porches, enhancing their appeal and value. Nestled at the rear of the property stands a detached coach house, offering 2 bedrooms, 1 bath, and laundry facilities, presently leased for $1, 100 per month. Each unit is currently on a month-to-month lease, providing flexibility for future plans. Noteworthy updates include new air condensers installed in all 3 units in 2018, ensuring efficient climate control. The coach house received a comprehensive renovation in 2018, featuring all-new hardwood floors, granite countertops, updated doors, bathrooms, and fresh paint. Additionally, new insulation was added in the coach house in 2020, enhancing energy efficiency. A recent upgrade, completed in November 2023, includes a new drain tile system with a lifetime transferable warranty, guaranteeing peace of mind for the property's structural integrity. Whether you opt to retain all tenants, securing a lucrative investment, or choose to occupy one of the units as a homeowner while benefiting from the rental income of the remaining units, this property offers versatility and financial opportunity. Take advantage of this chance to own a well-maintained property with a history of updates, strong rental income, and potential for increased returns. Schedule a viewing today!
21 hours ago | Listing updated with changes from the MLS® | |
21 hours ago | Price changed to $410,000 | |
2 weeks ago | Status changed to Active | |
3 weeks ago | Status changed to Active Under Contract | |
a month ago | Status changed to Active | |
See 2 more |
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