Imagine owning a property that not only pays for itself but also generates additional income! This investment opportunity features a large fully renovated 4 bedroom unit upstairs and a large 1-bedroom ground-level apartment. Financial breakdown: Unit 1 :$4, 000/month )( one year lease) Unit 2 :$2, 000 (month to month) Total Annual Income: $72, 000 Expenses: Taxes:$5, 100/year ( 2022-23) Insurance: $2, 000/year Total Annual Expenses: $7, 100 Yearly Net Income:$64, 900/year With this property, you can easily cover the mortgage and still enjoy a significant profit. It's a perfect investment for those looking to generate passive income and build wealth over time. Don't miss out on this opportunity to own a property that pays for itself and more!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Appliances
- Dishwasher
- Microwave
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: Central
- Heating Features: Steam, Natural Gas
- Heating: Yes
Exterior and Lot Features
- Deck
- Patio
- Sprinkler System
- Yard: Back, Front
Land Info
- Back
- Front
- Lot Size Acres: 0.061157
- Lot Size Dimensions: 24x111
- Lot Size Square Feet: 2664
Garage and Parking
- Parking Features: Off Street
Condo Info
Multi-Unit Info
- Full Bathrooms in the 2 Bedroom Units: 1
- Bedrooms in Unit-2: 1
Other Property Info
- Annual Tax Amount: 5089
- Source Listing Status: Active
- County: Richmond
- Source Property Type: Residential
- Area: Port Richmond
- Property Subtype: townhouse
- MLS Area Minor: Port Richmond
- Source Neighborhood: Port Richmond
- Ownership Type: Fee Simple
- Parcel Number: 01012-0043
- Zoning: R3-4
- Property Subtype: Two Family - Semi-Attached
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1800
- Year Built: 2001
- Building Area Total: 1800
- Building Exterior Type: Vinyl Siding
- Construction Materials: Vinyl Siding
- Property Age: 23
- Property Condition: Good
- Levels or Stories: 3
- Year Built Details: Approx
- Architectural Style: Townhouse
Utilities