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    Description

    Exceptional turnkey investment opportunity! This fully legalized up/down bungalow is ideally suited for investors seeking immediate cash flow with reliable rental income. Both the upper and lower suites are fully tenanted with quality tenants in place, offering a true plug-and-play investment from day one. The legal suite in the basement was professionally developed and legalized in 2019 and features 2 bedrooms, a den, a full kitchen, spacious living and dining areas, full-sized laundry, a private side entrance, and its own outdoor living space. The upper legal suite also offers a full kitchen, full-sized laundry, private front entrance, and front deck, creating two completely independent living spaces.The thoughtfully designed layout includes separate yard areas for each legal suite following the legalization, providing added privacy for both tenants. A large carport with additional storage adds further convenience and value.A strong income-producing property with an efficient operating structure, tenants pay the majority of utilities (owner responsible for water/sewer), and tenants are responsible for lawn care. Whether you're expanding your portfolio or purchasing your first investment property, this is a rare opportunity to acquire a fully legalized, income-generating property with excellent long-term potential. (id:58070)

    Property Features

    • MLS® Number A2327151
    • Price $585,000
    • Bedrooms: 5
    • Bathrooms: 3
    • Square Footage: 1071 sqft
    • Property Type: House
    • Community Name: Big Springs
    • Amenities Near By Playground, Schools
    • Parking Space Total 4
    • Plan 7711564
    • Structure Deck

    Buildings

    Bathroom Total 3 Bedrooms Above Ground 3
    Bedrooms Below Ground 2 Bedrooms Total 5
    Appliances Refrigerator, Gas Stove(s), Dishwasher, Stove, Hood Fan, See Remarks, Washer/dryer Stack-up Architectural Style Bungalow
    Basement Development Finished Basement Features Separate Entrance, Walk-up, Suite
    Basement Type Full (finished) Constructed Date 1978
    Construction Style Attachment Detached Cooling Type None
    Exterior Finish Vinyl Siding Flooring Type Carpeted, Laminate, Linoleum, Vinyl Plank
    Foundation Type Poured Concrete Half Bath Total 1
    Heating Fuel Electric, Natural Gas Heating Type Baseboard Heaters, Forced Air
    Stories Total 1 Size Interior 1071 Sqft
    Total Finished Area 1070.62 Sqft Type House

    Parking

    Carport
    Covered
    Street

    Land

    Acreage No Fence Type Fence
    Land Amenities Playground, Schools Size Frontage 7.89 M
    Size Irregular 42.18 Size Total 42.18 M2|0-4,050 Sqft
    Size Total Text 42.18 M2|0-4,050 Sqft Zoning Description Dc-16-c

    Rooms

    Level Type Dimensions
    Basement Bedroom 9.67 Ft x 11.83 Ft
    Basement 4pc Bathroom 8.00 Ft x 5.08 Ft
    Basement Bedroom 8.25 Ft x 11.92 Ft
    Basement Recreational, Games Room 21.42 Ft x 11.92 Ft
    Basement Office 7.33 Ft x 11.83 Ft
    Basement Other 9.25 Ft x 10.50 Ft
    Basement Furnace 6.33 Ft x 13.25 Ft
    Main Level Kitchen 14.92 Ft x 12.42 Ft
    Main Level Living Room 16.67 Ft x 12.42 Ft
    Main Level Primary Bedroom 10.75 Ft x 12.42 Ft
    Main Level Bedroom 8.83 Ft x 9.25 Ft
    Main Level 2pc Bathroom 4.67 Ft x 4.92 Ft
    Main Level 4pc Bathroom 7.83 Ft x 4.92 Ft
    Main Level Other 9.50 Ft x 7.17 Ft
    Main Level Bedroom 10.83 Ft x 10.08 Ft
    Main Level Dining Room 9.92 Ft x 7.25 Ft
    Address
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