2 unit owner occupant and investor opportunity. Live in 1 and rent out the other, have your mortgage paid! Unit 1 front is a VACANT 4 bedroom (no walk-through) 1 bathroom home that stretches 3 stories tall. Gas baseboard heat and electric hot water heater. Updated and ready for immediate occupancy, potential rent $1200. Unit 2 Rear is an OCCUPIED 2 bedroom (no walk-through) 1 bathroom apartment with 1 car off street parking included. Gas baseboard heat and electric hot water heater. Currently occupied to a friend, month to month, $700 below market value! Potential 3rd income through garage rent at $200 a month. Garage can fit 3 cars and has a tall 2nd floor. Garage has rough plumbing connecting to the city sewer line! Potential to be a 3rd apartment on top of garage and use the garage space for the additional parking. Buyer is responsible to check with City Zoning. Gross income $25,200 (projected) - net is $19,351 = 12.09% CAP a 160k purchase.
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