SOLID INVESTMENT OPPORTUNITY: TENANT-OCCUPIED 2-FAMILY PROPERTY WITH NEWER MECHANICALS, GREAT RENTAL INCOME, CONVENIENT LOCATION, AND POTENTIAL FOR APPRECIATION.
Asking Price: $107,500
About 2692 W 41st St:
Are you looking for a solid investment opportunity in the real estate market? Look no further than this tenant-occupied two-family investment property. With 3 bedrooms and 1 bath per unit, this property offers great potential for generating consistent rental income.
One of the standout features of this property is its newer mechanicals. This means that you can expect lower maintenance costs and fewer unexpected repairs. Investing in a property with newer mechanicals ensures that you can focus on enjoying the financial benefits of your investment rather than worrying about costly repairs.
Speaking of financial benefits, this property is currently generating $1,350 per month in rental income. With two units, you have the potential to earn a steady stream of income. Whether you are a seasoned investor or just starting out, this property offers a reliable and consistent return on investment.
Location is another key factor to consider when investing in real estate, and this property does not disappoint. Situated in a convenient location, tenants will have easy access to major highways, public transportation, and a range of amenities. This makes it an attractive option for potential tenants, ensuring a low vacancy rate and a steady stream of rental income.
In addition to its convenient location, this property offers low maintenance. As a real estate investor, you want to maximize your return on investment while minimizing the time and effort required for property upkeep. With this property, you can have peace of mind knowing that your investment requires minimal maintenance. This is not only a benefit for you as the investor but also for your tenants who will appreciate a well-maintained property.
Investing in real estate is all about assessing the potential for long-term appreciation. This property offers solid investment potential. With a growing rental market and a desirable location, there is a good chance that the value of this property will appreciate over time. This means that not only will you enjoy the rental income in the short term but also the potential for capital gains in the future.
When it comes to real estate investment, it is important to consider all the factors that contribute to a successful investment. This tenant-occupied two-family investment property ticks all the boxes. It offers 3 bedrooms and 1 bath per unit, ensuring a desirable living space for tenants. With newer mechanicals, you can expect lower maintenance costs and fewer surprises. Generating $1,350 per month in rental income, this property offers a reliable and steady stream of income. Situated in a convenient location with easy access to amenities and transportation, this property is sure to attract quality tenants. And finally, with solid investment potential, you can enjoy the financial benefits of rental income while also potentially seeing the value of your investment grow over time.
Don't miss out on this fantastic investment opportunity. Contact me today to learn more and schedule a viewing of this tenant-occupied two-family investment property. Real estate investing has never been this attractive!
This property also matches your preferences:
Features of Property
Duplex, multi family
Built in 1900
Forced air, gas
None
No data
$46 price/sqft
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Features of Building
6
2
2
Full
Forced Air, Gas
None
In Unit
2,360
2,360 sqft
2,360
View virtual tour
2
3,659 sqft
,,,
00716025
MultiFamily
Duplex, Multi Family
Aluminum Siding
Asphalt,Fiberglass
1900
Public Sewer
Public
Cleveland
Stone
Cash,Conventional
Property Agent
David Stokes
Lokal Real Estate, LLC.