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INVESTOR ALERT!!! Two (2) single-family homes on one lot currently drawing $16,680 year in rental income with 100% occupancy. Using the Income Approach to valuation, this property is priced $20K below market (see Income Approach Market Analysis in attached documents). Each cottage consists of 1 living area/kitchen, 1 bedroom, & 1 full bathroom. The larger of the two cottages has 480 square feet of living space, & the smaller of the two has 369 square feet of living space. This property may only be shown upon execution of a contract as both units are tenant occupied. Both cottages have a NEW roof, soffit, facia, exterior paint & AC unit. The windows in both units are approximately 10 years old. Lastly, the property has enough lot space to the West-side that it could potentially accommodate a 3rd cottage per the Seller.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: DBAAR
Provided By
Listing Agent: Amy Goodson (#13154)
Listing Office: Adams, Cameron & Co., Realtors (#o02851)
Provided By (Buyer)
Buyer's Agent: Victor Valentin (#15114)