This two-family home offers a strong investment with reliable rental income and long-term tenants already in place. The first-floor unit rents for $975/month with a lease through December 31, 2025, and the tenant would love to stay-making it an ideal turnkey option. The second-floor tenant has been in place for five years and currently rents for $1,100/month (below market value) with a lease through June 30, 2026, offering excellent potential for increased future returns. Recent updates include a full exterior painting in March 2023 and a brand-new front deck installed in August 2023, boosting curb appeal and value. In August 2023, the first-floor bathroom was refreshed with a new toilet and vinyl flooring. Kitchen floor also replaced late 2023. Outside, tenants can enjoy a shared flat backyard-perfect for relaxing or outdoor activities. Nestled on a dead-end road, this property is conveniently located just minutes from shopping, downtown amenities, hospitals, and major highways. The current owner had planned to renovate the second-floor unit once the long-term tenant moved out, but for personal reasons relocated out of state and is sad to part with the property. The second-floor unit offers strong potential for renovation and an increase in market rental value. Property is being sold As-Is and is offering a one year American Home Shield Warranty.
Commission structure not available, using default of 2.5%
Make OfferMisti Doherty, Coldwell Banker Realty
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