This 4-suites single family detached home will be of interest to Starting Investor looking to increase their number of retal units. This home has good Cash Flow for investors and first time owner with interest in getting experience and involvement in Real Estate Rental business. the long term existing tenants are willing to stay and new owners mightclose and take possession immediately if the Buyer assumes existing tenants.. The four units in this grande fathered units generates good monthly revenue and has potential for more, should the rent be adjusted to current monthly rent o similar suites in the city. There are One Two-Bedroom and One Bachelor suites on the Mainfloor and the basement has One One-bedroom and One Bachelor suites. each of the 4 suites has one 4-piece bathroom. three of the four suites has full functional kitchens with fridge and stoves. Other features of the property, with Southwest facing frontage are paved two RV Parking stall which may be coveeted to Four Cars parling stalls. The backyard is dominated with a massive Garage/Workshop that boasts a 10 foot Single garage door, a second floor Office/Mezzani that was once an Upholstry?Antique Furniture workshop. The potential for income generating is quite mant for the buyer with good income generation vision.
Data was last updated February 22, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$564,000
Min list price:
$157,000
Max list price:
$688,000
Avg days on market:
35
Min days on market:
2
Max days on market:
511
Avg price per sq.ft.:
$589.28
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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