45 Amherst Street

Description

Discover your chance to invest in this remarkable Eastside duplex, ideally nestled on Amherst Street, right in the middle of all the action. With this property, you'll relish the ease of strolling to an array of fantastic restaurants and quickly reaching all your desired destinations.This impressive property boasts over 1900 square feet of living space, providing ample room for both comfort and potential rental income. The duplex is cleverly designed with two separate units for maximum flexibility and rental potential.Unit A: The upper level features 3 bedrooms and 2 bathrooms, making it a spacious and appealing living space. Unit B: The lower level offers another 3 bedrooms and 1 bathroom, catering to various living arrangements and tenant preferences.Currently, both units arerented out, offering stability and financial predictability for your investment. Unit A brings in $2,500 per month, and Unit B matches with $2,500 per month as well. This results in a robust Gross Income of $60,000 annually, making it an attractive choice for investors seeking immediate returns. The property already has tenants in place, and their leases are set to continue until at least July 31, 2024, assuring you of a reliable income stream. Two new hvac units installed 2019. All siding on the house replaced in 2019. The kitchen was redone in 2019, granite countertops and new appliances. The bathrooms were redone in 2019. A 200k total in renovations. The units are under-rented, gross rental income should be closer to 72k (or 3k per unit). Don't let this exceptional investment opportunity slip through your fingers. Seize the chance to explore this property for yourself - schedule your showing today and envision the potential returns and lifestyle this Eastside duplex can offer. Act now and position yourself for long-term financial growth and investment success.