Inviting Bungalow with Lucrative Rental Potential Nestled in a prime location, this spacious bungalow presents a compelling opportunity for discerning buyers and savvy investors. Boasting a total of 5 bedrooms and 2 full bathrooms, the property is thoughtfully designed to maximize functionality and income potential. Main Floor Highlights: 3 generously-sized bedrooms Expansive open living spaces Full bathroom for added convenience Updated features enhance the overall appeal Income-Generating Basement Suite: Legal 2-bedroom basement suite Additional full bathroom Rental potential of $1400/month, providing a steady income stream Optimized Rental Income: Combined potential rental income of $3500/month Appealing to mature tenants or investors seeking a lucrative opportunity Proximity to SIAST trade school enhances rental appeal RM3 zoning for future options Strategic Location: Ideal for tenants working or studying downtown Future entertainment district proximity adds to long-term value Convenient access to SIAST trade school for a diverse tenant pool Priced to Sell: Competitive pricing for a quick and attractive investment Balance of updates and value, ensuring a wise investment for the future Serious investors and mature buyers will appreciate the thoughtful layout, rental potential, and strategic location of this property. Don't miss the chance to acquire a residence that harmonizes practicality with investment foresight. (id:47423)
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Detailed Information
Bedrooms
5
Bathrooms
2
Lot
25 x 0 ft
Listing Contract Date
2024-09-26
Ownership Type
Freehold
Property Type
Single Family
Structures
Deck
Transaction Type
For sale
Building
Appliances
Washer, Refrigerator, Dryer, Stove
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1928
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Rooms
Room
Level
Dimensions
Notes
Living room
Basement
9 ft x 13 ft
Bedroom
Basement
9 ft x 12 ft
4pc Bathroom
Basement
Measurements not available
Kitchen
Basement
8 ft x 17 ft
Bedroom
Basement
8 ft x 9 ft
Living room
Main level
12 ft x 15 ft
Bedroom
Main level
10 ft x 11 ft
Bedroom
Main level
8 ft x 10 ft
Kitchen
Main level
12 ft x 15 ft
Bedroom
Main level
10 ft x 11 ft
4pc Bathroom
Main level
Measurements not available
Dining room
Main level
10 ft x 10 ft
Parking Spaces
Name
Spaces
Parking Space(s)
3
Land
Total Size
3985 square feet
Fence Type
Fence
Size of Irregular Land
3985.00
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