This income-generating 2-apartment property is ideally situated in a highly sought-after area near MUN, the Marine Institute, and various businesses, making it an attractive rental. The property features electric heating, newer shingles, and hardwood floors throughout, adding to its appeal and low-maintenance lifestyle. Both apartments are generously sized and currently occupied by reliable tenants who are eager to stay and willing to sign new leases. The main floor apartment is rented at $1,350 per month, providing a solid income stream from the outset. While the property does require some upgrades, the major elements such as electrical, most windows, and the roof shingles have already been addressed, making this an excellent opportunity for both investors and owner-occupiers. This property is a must-see for anyone looking to invest in a high-demand rental market. Please note that offers will be presented remotely on September 6th, as per the seller's direction. Don't miss out on this fantastic investment opportunity! (id:47423)
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Detailed Information
Bedrooms
5
Bathrooms
2
Equipment
None
Listing Contract Date
2024-09-03
Ownership Type
Freehold
Property Type
Single Family
Rental Equipment
None
Transaction Type
For sale
Zoning Description
res
Building
Appliances
Dishwasher, Washer, Dryer
Architectural Style
Bungalow
Constructed Date
1970
Construction Style (Attachment)
Detached
Exterior Finish
Vinyl siding
Flooring Type
Mixed Flooring
Foundation Type
Concrete
Heating Fuel
Electric
Stories Total
1
Type
Two Apartment House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bath (# pieces 1-6)
Lower level
b4
Bath (# pieces 1-6)
Main level
b4
Dining room
Main level
11 x11
Primary Bedroom
Main level
12 x 11
Bedroom
Main level
11 x 11
Bedroom
Main level
14 x 8
Kitchen
Main level
14 x 10.2
Living room
Main level
17 x 13
Land
Total Size
56 x 100 | under 1/2 acre
Access Type
Year-round access
Landscape Features
Landscaped
Sewer
Municipal sewage system
Size of Irregular Land
56 x 100
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