Prime investment opportunity! This quadplex has undergone extensive renovation. Significant capital improvements completed between 2021-2024 include a new roof, 4 new furnaces, 4 new hot water tanks, all new windows, all new electrical panels, and substantial plumbing upgrades. While the property is being sold "as-is" and still requires TLC, the most expensive portions of the renovation have already been completed. For subsidized housing in this zip code, CMHA will pay up to $1,129 for a 2 bedroom unit, and up to $937 for a 1 bedroom unit. With two 2 bedroom units and two 1 bedroom units, this property can rent for $4,132 monthly, making this a lucrative investment. In a location with strong rental demand, this property is ideal for investors practicing the BRRR method.
Listing Courtesy of: Aimee Neiman, aimeeneiman@kw.com With Keller Williams Chervenic Rlty
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