Property Information:
Explore this meticulously renovated home, presenting a lucrative investment opportunity with potential monthly earnings of up to $6,000. This expansive property boasts 7 bedrooms on a sizable lot of 79.81 x 216.9 feet. The main floor features 4 bedrooms, complemented by 3 additional bedrooms in the newly renovated basement. Each level includes complete living areas, fully equipped kitchens, and modern bathrooms, perfect for generating rental income, accommodating in-law suites, or multi-generational living. With a separate basement entrance ensuring privacy and convenience, the property offers flexibility live in one section while renting out the other, or maximize returns by leasing the entire space. Benefit from a strong cap rate ranging from 8% to 10%. Additional features such as a durable metal roof, an extended paved driveway for 8 cars, and a spacious backyard enhance rental appeal. Positioned on an expansive lot, this property not only provides a comfortable residence but also promises a path to financial success. Schedule a showing today to witness the potential for profitable returns and adaptable living arrangements your journey to financial freedom begins here! (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Architectural Style:
Raised bungalow
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Basement Development:
Finished
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Basement Type:
N/A
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Construction Style - Attachment:
Detached
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Exterior Finish:
Brick
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Fire Protection:
Smoke Detectors
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Foundation Type:
Poured Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning, Ventilation system
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Appliances:
Range, Dishwasher, Dryer, Refrigerator, Stove, Washer
