Exceptional opportunity to own a meticulously maintained two-family residence situated on a quiet dead-end street, offering both immediate cash-flow potential and long-term upside. Current rents are significantly below market. Each unit features 2 bedrooms and 1 full bath with highly functional layouts, generous living spaces, and strong rental desirability for both investors and owner-occupants alike. Significant capital improvements have already been completed, including brand-new furnaces and hot water heaters, enhancing both efficiency and overall asset stability. A particularly compelling aspect of the property is the expansive unfinished third-floor space, presenting the potential to substantially enlarge the second-floor unit and further maximize rental income and overall property value. Whether utilized as additional bedrooms, a home office, recreation space, or an expanded townhouse-style layout, the opportunity for value-add expansion is considerable. Positioned in a peaceful and secluded setting while remaining conveniently accessible to shopping, dining, parks, and major commuter routes, this property represents a rare combination of strong fundamentals, future scalability, and enduring investment appeal.
Commission structure not available, using default of 2.5%
Make OfferMitch Montaine, RE/MAX RISE
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.