Inside the home
This is a fully tenanted all-brick duplex in Downtown/East Ward generating $3,500/month gross rent, with tenants covering utilities. The upper unit spans three floors with five bedrooms, original hardwood floors, and a recently updated grey shaker kitchen with subway tile. The basement unit is separately entered and has been finished with laminate and pot lights. Recent work includes a new roof, all new windows, and new doors throughout — the kind of capital expenses buyers don't want to face right away. The upper unit bathrooms are dated, the third floor attic space is basic, and the rear yard needs attention. Buyers should flag the electrical panel located inside a basement bedroom for a licensed electrician to review. The numbers work as a hold: $3,500/month rent with low owner-paid expenses. Coin-in investors will want to price in bathroom and yard upgrades on a longer horizon.
- Solid all-brick construction
- New roof, windows, and exterior/interior doors per MLS
- Basement unit recently finished with laminate and pot lights
- Main floor kitchen updated with grey shaker cabinets and subway tile
- Both units have in-suite laundry
- $3,500/month gross rent with tenants paying utilities
- Detached garage/shed included