387 2nd Avenue Nw

Check out this fully occupied investment opportunity with this income-generating gem, currently earning an IMPRESSIVE $2,700 gross per month! Spanning 1,347 sq ft, this property offers endless revenue possibilities right in the vibrant northwest, just steps from downtown, Central School, and beautiful parks. This 1 3/4 story design features two distinct levels, each with private suites, separate entrances, and convenient laundry facilities, ensuring both privacy and ease for tenants. The main suite showcases efficiency at its best, boasting a sleek white IKEA kitchen with wood countertops, chic subway tile, a stainless steel vented range hood, and floating wood shelves. The spacious living room, two cozy bedrooms, and a refreshed 4-piece bath with a custom-tiled tub surround make this suite a standout. The upper suite offers open-concept living that seamlessly integrates kitchen, dining, and living areas, with a combined 3-piece bath and laundry for added comfort. The partially finished basement provides additional laundry space, a 3-piece bath, a recreational area, and ample storage, all filled with natural light. Recent upgrades enhance this property’s appeal, including some new windows on the main floor (2024), with remaining main floor windows scheduled for installation in spring 2025, along w updated plumbing and electrical systems, central air plumbing, and a high-efficiency furnace (2020). Each unit features 100 amp service and added insulation, complemented by exterior features like a partially fenced yard, shed, deck, and charming garden boxes. The triple front gravel drive enhances curb appeal and provides ample parking. This property presents a unique chance to live on the main floor suite while the upper suite tenant contributes to your mortgage or to capitalize on dual rental income, w both suites currently occupied. Don’t miss out on this exceptional opportunity to enhance your investment portfolio! (id:54626)