Quick Summary
Quick Summary
- Dual income property with two small 2-bedroom homes
- Existing tenant providing $850/month rental income
- Potential to earn over $2,000/month in total rent
- Renovated interiors with new paint, flooring, and roofing
- Separate single-car garages for each home
- Opportunity to live in one home and rent the other
- Estimated annual costs of $2,520 for insurance
- Tenant responsible for utilities in 191 Shanly home
Flooring: Laminate, 2 homes on one lot, a bit strange but true. 191 Shanly (has tenant) and 304 Perry (vacant) are small, 2 bedroom, 1 bath homes with a small yard and a single car garage each. 191 Shanly is currently rented to a 6 year tenant for $850 per month (includes water/sewer) but heat and electricity are extra. 304 Perry rent... Show More
Flooring: Laminate, 2 homes on one lot, a bit strange but true. 191 Shanly (has tenant) and 304 Perry (vacant) are small, 2 bedroom, 1 bath homes with a small yard and a single car garage each. 191 Shanly is currently rented to a 6 year tenant for $850 per month (includes water/sewer) but heat and electricity are extra. 304 Perry rent could be in the $1200/month range. This has the potential of over $2,000 per month with the current tenant. 191 Shanly has had some renovations and 304 Perry had extensive renovations. You could always live in one home and rent the other. 304 Perry St has been renovated with paint and flooring, and both homes have had shingles replaced in 2016 and garage doors in 2024. Costs: insurance Perry $134.98 + Shanly $74.98 = $2520/yr, Shanly water/sewer $1080/yr (paid by tenant), Perry electric/water/sewer currently $110/month but approx $200 when occupied, Perry Street gas was $70 to $140 per month this past winter, HWT Rentals $66.56/month. Costs listed below are estimates. (id:54626)
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