840 WORK DRIVE
Property Description
Attention investors & owner-occupied buyers looking for an affordable duplex opportunity w/immediate income potential! Units have been remodeled & is currently rented to an excellent long-term tenant for $875 per month, while the vacant first-floor unit offers the opportunity for owner occupancy or additional rental cash flow after a few minor updates. Perfect first investment property or a great addition to your current portfolio. Professionally managed property has been part of the owner's real estate portfolio for over 20 years and offers quality updates throughout, a fenced yard, large driveway with ample parking and a relaxing front porch. First-floor unit is easy to show and features 2 bedrooms, spacious light-filled rooms & solid overall condition, but does need some cosmetic updates from a prior minor plumbing leak. Occupied second-floounit shows beautifully & offers 2 finished levels w/3 bedrooms & 2 full baths, creating excellent rental appeal & strong long-term income potential. Full basement provides additional storage and utility space. Excellent opportunity for investors seeking stable income w/upside potential or owner-occupants looking to offset their mortgage with rental income. Affordable pricing makes this a smart investment in today's market. First-floor unit available for showings. Second-floor tenant-occupied unit may be shown after accepted offer. No wholesalers, no owner financing and qualified buyers only please.Broker Details
Coldwell Banker Schmidt Realty (440) 572-0220
MLS ID: 426983 State License Number: 426983
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $99,500 |
| Year Built: | 1914 |
| Lot Size: | 2,880.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-CBSCHMIDT-227969527
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout