Property Description

Income-producing duplex with additional adjacent vacant lot included! This tenant-occupied property offers strong investment potential with approximately $1,800/month in rental income. Featuring 2 bedrooms and 1 bath in each unit, a half bath in the basement with ample storage space, and a finished third floor with an additional half bath, this property provides flexibility and value-add potential. Major updates include roof (approx. 4 years), updated electrical (56 years), updated insulation, and newer hot water tank (approx. 67 years). Property also includes a 2-car garage and partially renovated kitchen and bathrooms ready for finishing touches. The adjacent parcel is included in the sale, creating additional potential for expansion, development, or added outdoor space. Conveniently located near parks, shopping, schools, and major highways. Current tenants are expected to vacate following the sale, creating an excellent opportunity for owner-occupants or investors looking to set their own rents. CMHA currently allows up to approximately $1,367/month for 2-bedroom units, offering strong income potential. Property is being sold as-is.

Property Features

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