Property Information:
Renovated Legal Duplex – Take advantage of a unique legal duplex opportunity before the spring market heats up! Whether you’re an investor or looking for a home with rental income, this property combines modern renovations, strong financials & redevelopment potential. Property Features: 2 Units: Unit 1: Lower Unit Bright 2-bedroom unit rented at $1,790/month to long-term tenants. Separate Garage: Perfect for storage or additional rental income. Unit 2 (Vacant): Upper Unit Renovated 3-bedroom unit with modern finishes, ready to rent at a projected $2,300/month, or ideal for owner-occupancy. Separately metered, tenants pay all utilities. Zoning: R4 – excellent potential for redevelopment or future expansion. Why This Property is a Smart Buy: • Investors: Net Income: $42,770/year. ROI: Solid 5.5% at the current list price. Homeowners: Move into the vacant unit and let rental income help with your mortgage! Financial Snapshot: Annual Property Taxes (2024): $4,678. Annual Insurance: $1,632 (id:27)
Building Features:
-
Style:
Multiplex
-
Building Type:
Duplex
-
Basement Development:
Not Applicable
-
Basement Type:
None
-
Exterior Finish:
Brick
-
Fire Protection:
Smoke Detectors
-
Flooring Type:
Hardwood, Laminate
-
Foundation Type:
Poured Concrete
-
Heating Type:
Baseboard heaters, Hot water radiator heat
-
Heating Fuel:
Natural gas
-
Cooling Type:
None