$440,000
6
Beds
2
Baths
1,910
Living Area
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Property Description
Excellent investment opportunity! This fully rented two-family property offers immediate rental income with leased tenants already in place. The current total monthly rental income is $4,800. The property features a low-maintenance yard, making upkeep simple and cost-effective. An added bonus is the potential to create a third-floor unit, subject to obtaining the necessary city permits and approvals, providing an opportunity to increase future cash flow. Whether you're looking to expand your investment portfolio or secure an income-producing property, this is one you won't want to miss.
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Highlights
- Cooling: Window Unit(s)
- Levels: 3
- Property Type: Multi Family
- Total Rooms: 10
- Status: Active
- Heating: Forced Air, Natural Gas
- Property Class: Residential Income
- Stories: 3
- Year Built: 1910
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Additional Details
- Appliances: Range, Refrigerator
- Exclusions: Tenants Personal Property And 1st Floor Washer/Dryer.
- Flooring: Wood, Tile, Vinyl / VCT
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Renovated Since
- Zoning: B1
- Basement: Full, Interior Entry, Concrete
- Exterior Features: Balcony
- Foundation: Concrete Perimeter, Brick/Mortar, Other
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $288,600
- Tax Year: 2025
- Total Rent: $3,800
- Rental Fee Includes: Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks))
- Taxes: $4,525
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