Fantastic as a Multi-Family Compound on parklike in town half acre lot. Short stroll to Dykes and wineries. 9 Bedrooms 5 baths comprised of 3 - 2 Bedroom Units and 1 - 3 bdrm with 2 Ensuites. Good rental history In great condition. Minutes to downtown amenities. Units A & B have their own Laundry, Units C & D share a Washer & Dryer in common area. Roof re-shingled September 2020. Since 2021 approx $150,000 invested + Turned over lower rents. In 2022 Main floor Unit A, with 2 bdrm/2 ensuite + den, has new kitchen & bath, new flooring, new deck, patio door, lighting - some new drywall, plumbing, electrical, 2 barn doors - Painted throughout. Unit A is 1300+ sq ft, higher end finishes, shows beautifully and with utilities in can expect $2500/mth. Property in general has 3 new toilets, new sewer lift pump and lateral to municipal street connection. New heat pumps in all units, Exterior fully painted in 2021. Unit B is a fully furnished fixed term rental, currently renting at $2000/mth incl utils. Unit C has covered patio, walks in at grade, is freshly painted and has electric fireplace in Living Rm, previously rented at $1650 + utils. Unit D is freshly painted and has 1 year fixed term lease at $1650 including util's. Both C & D units have own panels. Expected Net Income Approx $70,000. Listing agent is co-owner of VK Connell Investments
Data was last updated October 29, 2024 at 11:20 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$497,450
Min list price:
$289,900
Max list price:
$5,525,000
Avg days on market:
35
Min days on market:
1
Max days on market:
249
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.