Quick Summary
Quick Summary
- Lucrative cash flow with $40,992 net income
- Impressive 11.1% CAP rate for investment
- Spacious 3 bedroom, 2 bath units with ample space
- Vacant units allow you to pick your own tenants
- Potential rental income of $2000+ per unit
- Convenient shared driveway with adjacent property
- Option to add parking behind the unit if purchased separately
- Spacious kitchens, laundry, and living areas in each unit
Incredible Investment Opportunity! Both Units will be empty on closing - PICK YOUR OWN TENANTS! This side-by-side duplex boasts lucrative cash flow with a net of $40,992 and an impressive 11.1% CAP RATE. Each unit features 3 bedrooms, 2 baths, and ample space. Unit 185 is currently Vacant and will easily rent for $2000 ++ , while Unit... Show More
Incredible Investment Opportunity! Both Units will be empty on closing - PICK YOUR OWN TENANTS! This side-by-side duplex boasts lucrative cash flow with a net of $40,992 and an impressive 11.1% CAP RATE. Each unit features 3 bedrooms, 2 baths, and ample space. Unit 185 is currently Vacant and will easily rent for $2000 ++ , while Unit 183 is owner-occupied and will be vacant upon possession, offering potential rental income also at $2000 + utilities. Convenient shared driveway with 179 Dominion St (MLS #1386992), with parking currently behind the adjacent log home. If purchased separately, you'll have the option to add parking behind this unit. Both units offer spacious kitchens with laundry, full baths, and comfortable living and dining areas on the main floor. Upstairs, find three bedrooms and a half bath. Whether you're an investor seeking excellent returns or looking to live in one unit while the other generates income, this opportunity is not to be missed! (id:54626)
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