RU
DE
FR
ES
PT
AR
Property description
GREAT INVESTMENT OPPORTUNITY. READY to add an ADU and build another addition to increase your income substantially (By approx.. $40, 000 annually) OR Build and FLIP. MOTIVATED SELLER, identified replacement property. MAJOR REMODEL in 2022 BACK house was BUILT in 1988. Seller has approved plans from the city to add living space and a bath to the FRONT HOUSE. And to convert the 3 garages in the back HOUSE to a 2 bedroom ADU. So YOU CAN END UP with THREE units in the BACK HOUSE. Plans have been approved and a building permit has been issued. Over $27, 000 in design and city fees have been paid, these will be part of the purchase price. The permit will be TRANSFERRED to the buyer AS-IS, any additional fees, changes, alterations, inspections or similar future issues related to the permit will be the responsibility of the buyer. TWO HOUSES sitting on one LARGE lot approx. 9, 583 sq. ft. the property has a PRIVATE gate for more privacy and security. ALL Tenants are on month to month lease and paying MARKET Value rent BOTH HOUSES have NEW double-pane windows, NEW floors w/ baseboard , living rooms and bedrooms, NEW bathrooms, NEW tub, vanity and toilet New kitchen cabinets, countertops, plumbing fixtures. NEW light fixtures. FRONT house is one level w/ 2 bedrooms and one FULL bath and a full kitchen with ATTACHED 2 car garage. BACK house is a 2 story house and has been divided into TWO SEPERATE units with SEPERATE stairs from inside, Legally it is one unit. For BACK HOUSE: The unit to the LEFT consists of 2 story, downstairs has a LARGE open floor plan with one bedroom, one FULL bathroom, spacious living area that open to the full kitchen which is completely remodeled w/cabinets, pull-out drawers and self-closing doors, quartz counter tops. NEW paint everywhere. Kitchen has a direct access to big patio thru large sliding door / UPSTAIRS has 2 bedrooms, one full bath, an OPEN area that can be an additional room or office and a BIG LOFT can be an additional room The unit to the RIGHT, is an upstairs unit with 2 bedrooms, one FULL bath, SPACIOUS entrance to living area and kitchen. NEW tankless water heater. Very big LOT for additional parking. Front and Back unit are SEPERATELY metered for gas, electric and water. CENTRALLY located, close to downtown, transportation, schools, shopping and park. MAJOR freeways 22, 5, 57. DO NOT go direct, do not disturb tenants. Standard sale. Please submit offer subject to inspection and cross qualification.
For more details:
Listed by: Carmen Abraham
For more details:
Listed by: Carmen Abraham