"Wow live in one unit and have the others pay your mortgage!" SAVVY BUYER OR INVESTOR ALERT!!!!ATTENTION >PROPERTY NEEDS 24 HOURS AT LEAST TO APPROVE ALL SHOWINGS PREFERABLY 48 HOURS: Here's a rare opportunity for a great cash flow property to add to your portfolio. This is a deceivingly large townhome with spacious Bedrooms and income of $2,545.00 per month before expenses. The Main Level Unit is a 1 Bedroom, 1 Bath, with a Living Room, Dining Room, Kitchen and also offers an Enclosed Porch area. The Main Level Unit is currently rented at $975.00 per month with the same tenants for almost Four years. The Upper Level is finished with a 1 Bedroom, 1 Bath, Kitchen and currently VACANT FOR YOU TO MOVE RIGHT in. This upper level unit rents for $810.00 per month. The Lower Level (Basement) is a 1 Bedroom, 1 Bath Efficiency set up with separate entrance and the tenant has been in place for almost 15 years at a high rent now paying $610.00 per month. The separate detached Garage is currently rented apart from the current dwelling tenants to a separate individual at $150.00 per month. Think of the future cash flow! Get creative with this property and possibly generate more income! The rear of the home has a beautiful court yard, side yard, wide alley as well the treelined street side of the homes front yard is really deep in size. There are currently two separate electrical meters in use. The rental prices include the utilities per month which average around $300.00, the water is included in the rent and comes out to around $175.00 per quarter. Newer HVAC unit, new garage roof, main house roof is approximately 10-12 years young. Again the property is fully occupied and requires AT LEAST a 24 hour notice to get approvals for showings in all units. Property is being Sold As Is and the Buyer is to verify and responsible for all zoning regulations and costs.
Courtesy of: RE/MAX First Choice Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 26th September, 2021 6:24 AM