LOCATION LOCATION LOCATION! Family owned for over 40 years. OVERSIZED 60 foot wide lot with double wide driveway and 2 car garage. Building will be vacant for closing to the new owners . Available for quick closing. This2-flat investment property with a possible 3rd unit in the basement offers a unique opportunity for homeowners and investors seeking additional rental income or a space for extended family members. This 2-flat investment property with a basement unit has the potential for multiple streams of rental income. The two main units of the property, located on the first and second floors, can be rented out to tenants, generating consistent cash flow. Additionally, the basement unit, also known as an in-law suite, can serve as a separate living space for extended family members or be rented out to generate additional income. From a long-term investment perspective, this type of property offers the potential for equity growth and appreciation. As the property value increases over time, the homeowner or investor can benefit from capital appreciation. The potential for multiple streams of rental income, the flexibility of an in-law suite, and the potential for long-term appreciation make this type of property an attractive investment option.

Listing courtesy of MRED / Dream Town Real Estate as distributed by MLS GRID

Last checked: Checking… • Last updated Dec 11, 2024 • Source: MRED

MLS# 12133750 — Report a problem