22 Stanley Avenue
Property Description
Welcome to 22 Stanley Avenue, an excellent investment opportunity offering strong income potential and a great cap rate. This well-maintained two-family property features two spacious 3-bedroom apartments, a full unfinished basement, and a private backyard. The first-floor apartment is currently occupied, providing immediate rental income, while the second-floor apartment is vacant and has just been renovated, making it ready for a new tenant or owner occupancy. Recent improvements include new siding, adding to the property's curb appeal and helping reduce future maintenance. With low property taxes and operating expenses, this property offers an attractive combination of strong cash flow and manageable carrying costs. Whether you're looking to expand your existing portfolio or purchase your first income-producing property, 22 Stanley Avenue presents an excellent opportunity to acquire a solid investment with a great cap rate and immediate income potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $749,900 |
| No. of Units: | 2 |
| Year Built: | 1920 |
| Lot Size: | 1,520.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $374,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 1 |
ID: 3yd-SIMLSNY-2604534
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