Prime Investment Alert! Immediate Cash Flow Opportunity! This is your chance to acquire a turnkey rental property and enter the real estate investment market with confidence! Located in a desirable area, this property is poised to deliver outstanding returns from day one. Key Investment Highlights: Instant Income: The property includes a long-standing, reliable tenant who wishes to remain, ensuring immediate, uninterrupted rental income and returning capital from the moment of closing. Expansion Potential: Don't just settle for one unit! A dedicated (approximately 300 downstairs with potential on the second floor) storage area is situated beside the existing apartment. This space was originally slated for conversion into a second rental unit (e.g., a studio or 1-bedroom suite). This offers a clear path to significantly boosting your ROI through future value-add development (subject to municipal approvals). Hassle-Free Transition: Benefit from an established tenancy, eliminating the time and expense of marketing, screening, and initial leasing. Don't miss out on this exceptional chance to secure a cash-flowing asset with built-in potential for future revenue growth. (id:47421)
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Detailed Information
Bedrooms
1
Bathrooms
1
Listing Contract Date
2025-12-14
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning Description
residential
Building
Appliances
Refrigerator, Stove
Constructed Date
1970
Construction Style (Attachment)
Detached
Exterior Finish
Vinyl siding
Flooring Type
Carpeted, Laminate
Foundation Type
Concrete Slab
Heating Fuel
Electric
Stories Total
1
Type
House
Utility Water
Well, Shared Well
Rooms
Room
Level
Dimensions
Notes
Foyer
Main level
5 x 11 ft
Family room
Main level
8.5 x 17.6 ft
Kitchen
Main level
10 x 7 ft
Bath (# pieces 1-6)
Main level
3 x 12 ft
Bedroom
Main level
6 x 10 ft
Land
Total Size
3600 sq ft | under 1/2 acre
Sewer
Septic tank
Size of Irregular Land
3600 sq ft
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