1671 MARGARET STREET
Property Description
Attention Investors and Homebuyers: Income-Producing Duplex with Owner-Occupancy Potential!1671 Margaret Street is a two-unit property offering immediate rental income and flexibility for investors and homeowners. The vacant first-floor apartment includes access to the backyard, allowing homeowners to occupy one unit while collecting rent from the second-floor apartment to help offset their monthly mortgage payments. Investors can lease both units to maximize rental income.Unit Breakdown:First floor: 2 bedrooms, 1 bathroom vacant, with backyard access and $1,000/month rental potentialSecond floor: 3 bedrooms, 2 bathrooms occupied, generating $1,260/monthThe property currently generates $1,260 in monthly rental income, with the potential to generate $2,260 per month ($27,120 annually) when fully occupied. The property generated 2025 net operating income (NOI) of $19,112.90.Tenants pay their own unit utilities, while the owner pays for water. Additional features include a full unfinished basement and separate electric meters.Own a duplex that offers immediate rental income and the flexibility to occupy one unit or rent both. Schedule your private tour today.
Broker Details
Berkshire Hathaway HomeServices Fox & Roach, Realtors MLS ID: 486219
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $199,900 |
| Year Built: | 1925 |
| Lot Size: | 1,319.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FOXROACH-PAPH2679662
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