A great investment for the price! With a little TLC anyone can see this property is ready to help grow equity. This 2 family comes with wonderful tenants who have paid faithfully all the years the seller has owned it. The first floor unit has a large kitchen with many cabinets and is a 3 bedroom which rents for $1200 per month. Upstairs is a clean slate 1 bedroom unit; you can move in, make updates or move another tenant in right away. There is an extra room and most tenants used it like a bedroom. The seller has collected $850 in the past. It would most likely bring in more now. Some tenants were from the close by colleges. This property could use a rehab loan as a regular government loan, probably will not work. Definitely a must see for your portfolio.
$207,500 • 3.00%
Make OfferMatt Noren, RE/MAX Bell Park Realty
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