Property Detail

Description

3-BEDROOM UNIT WILL BE DELIVERED VACANT. ARRANGEMENTS FOR FRONT 1-BEDROOM TO PROVIDE $2,500 MONTH RENT FOR A YEAR BEGINNING IN FIRST MONTH AFTER COE!!! RARE DUPLEX WITH A 3-BEDROOM UNIT FOR OWNER-OCCUPANT OR TO RENT OUT!! This beautiful, renovated, improved property is well maintained by owner occupant and ia a true unicorn these days! Why? Not only because of the 3-bedroom back unit, but because both units are not under rent control! Friends and family make this work. So...live in the back and rent out the front for market value ($2,500) or rent them both out at market rates. At $1622 rent per month for the front unit it pays for $250,000 of mortgage at 6.75% for 30-years. But...at $2,500, you have some wiggle room in the budget! Why buy a 2-bedroom house for $1.1M when you can live less costly here in a terrific, renovated 3-bedroom with a rental unit and periodic increases in rent over the years!!! You need to see this place..nothing like it on the market or that has sold in the last 6-months at a minimum. A list of improvements can be sent on your inquiry. But, start with an almost brand new roof!!! Remodeled ktichen and bath in the back unit with cased shutters, crown moldings, wall-unit A/C and heating units, gorgeous hardwood floors...this one is a tresure. Don't miss it. Great for owner occupant or investors! Improvements included: Rear unit bathroom remodel of $13,0000 in 2016, new roof in 2019 of $10,600, new rear deck in 2020-$3,500, kitchen updates in 2021 for $11,000, new HVAC in rear unit living room and primary bedroom-$4,750, house painted in 2021-$10,000. GAME ON!!