Description
High-upside duplex with strong income potentialideal for investors or first-time buyers looking to house-hack and build equity. Located in a convenient, transit-friendly area with solid rental demand, this property offers immediateincome and clear value-add opportunities.The upper unit (3rd floor) is a self-contained 2-bed, 1-bath, currently rented for $1,200/month (tenantpays utilities). The main and second levels feature a spacious 6-bed, 2-bath layout ready for updates,with excellent potential to reconfigure into two units and significantly increase rental income.The lower level requires improvements but supports a projected total rental income of Approx.$3,900/month across two unitsor live in one and rent the others for strong mortgage offset.Key features include a newer roof (2 years), walk-out basement, multiple entrances, municipal services,and parkingideal for multi-unit conversion. A clear value-add opportunity with proven income history and strong upside in both cash flow and equity. (id:56844)
- ID:
- 202608521
- Category:
- Multi-family
- Status:
- Active
- Lot:
- 0.0918 acres
- MLS® Number:
- 202608521
- Common Interest
- Freehold
- Parcel Number:
- 15138092
- Building Type:
- Duplex
- Community Name:
- Sydney
- Days On Market:
- 0
- School Bus
- Recreational Facilities
- Concrete Perimeter
- Unfinished
- Full
- Walk out
- Aluminum siding
- Laminate
- Vinyl
- Parking Space(s)
- Gravel
- Duplex
- Municipal water
- Municipal sewage system