With a steady monthly income of over $9,000 and a cap rate of 9%, this beautifully renovated multi-family home offers an incredible investment opportunity with even more potential for added value. Located just steps from shopping, dining, entertainment, transportation, and a hospital, this legal two-family property is ideal for investors or first-time homeowners seeking to live rent-free. The home features two units on each floor:
First Floor: Two apartments – one with 2 bedrooms and 1 full bathroom, and the other with 1 bedroom and 1 full bathroom.
Second Floor: Two similar apartments – one with 2 bedrooms and 1 full bathroom, and the other with 1 bedroom and 1 full bathroom. The full and finished basement provides additional utility, and each floor is equipped with its own boiler and water heater, ensuring efficiency and ease of management.
All tenants are in good standing and are cash-paying, offering reliable and consistent income. Public transportation is conveniently located just a few blocks away, making this property even more desirable. Opportunities like this don’t come around often – schedule your showing today!