INVESTOR'S DREAM: TWO HOUSES ON ONE LOT! RENOVATION POTENTIAL, DESIRABLE LOCATION. DON'T MISS OUT!
Rent: $75,500
About 414 S 16th St:
Calling all Investors and Potential Buyers! We have an incredible opportunity for you to invest your money wisely. This property features not one, but two houses on the same lot, both of which have been used as rental properties. Let's dive into the details and see why this is an investment opportunity you won't want to miss.
First up, we have a charming two-story home with two bedrooms and one bathroom. This house offers a cozy and intimate living space, perfect for small families or couples looking for a comfortable home. With some tender loving care, this property has the potential to be transformed into a beautiful living space that tenants will be eager to call home.
Next, we have a larger house with three bedrooms and one bathroom. This spacious property provides ample room for families and individuals seeking more space. With a little TLC, this house can be turned into a dream home for potential tenants. The additional bedroom provides flexibility and makes this property even more appealing to a wide range of renters.
Now, let's talk about the potential this property holds. Both houses are in need of some tender loving care, but that's where the opportunity lies. By investing in the renovation and refurbishment of these homes, you can significantly increase their value and attract high-quality tenants. The demand for rental properties is constantly growing, and by offering updated and well-maintained homes, you are positioning yourself for long-term success and profitability.
Additionally, the fact that both houses are located on the same lot is a major advantage. This setup provides convenience for both tenants and landlords. Tenants will appreciate the privacy and independence that comes with having their own house, while landlords will benefit from having multiple rental units in one location. This arrangement also streamlines management and maintenance processes, making it easier for you to oversee the properties and maximize your investment.
Beyond the individual houses, the location of this property is also worth highlighting. Ideally situated in a desirable neighborhood, this property is surrounded by amenities, schools, parks, and other essential services. Such proximity to amenities enhances the appeal of the rental units, making them even more attractive to potential tenants. As a result, you can expect steady demand and favorable rental rates, ensuring a consistent cash flow and a healthy return on investment.
In summary, this property presents a unique opportunity for investors and potential buyers looking to make a smart investment. With two houses on the same lot, both in need of some TLC, you have the chance to add value and create attractive rental units. The location, coupled with the growing demand for rental properties, ensures a stable income stream and the potential for long-term profitability. Don't miss out on this fantastic investment opportunity – come and take a look today!
Features of Property
Single family residence, residential
Built in 1971
No data
No data
2 Carport spaces
5,000 sqft
$44 price/sqft
Location
Features of Building
3
3
2
1
None
Living Area(s): 2
Living Area(s): 2
Vinyl
Electric Water Heater, No Conveying Appliances
Laundry Area
No Window Coverings
Laminate Counters, Ceiling Fan(s)
1,704
1,704 sqft
2
Attached, No Garage
2
2
Manual Gate, Mature Trees
Covered Patio, Deck/Balcony/Porch
Chain Link
5,000 sqft
Mature Trees
M410000004001800
SingleFamily
Single Family Residence, Residential
Siding
Pillar/Post/Pier
Shingle
1971
Public Sewer
None
None
Donna
Middle-Donna
Paved
Property Agent

Monica Benavides Team
THE MBTEAM