MLS ID: 602257
Under Contract
- $575,000
Description
Welcome to this spacious 5-bedroom, 2-bathroom home located in the highly sought-after neighborhood of Shandon. With an additional fully equipped apartment on the second level, this property offers an incredible opportunity for both homeowners and investors alike. Key Features: 5 Bedrooms, 2 Bathrooms in the main house. The main bedroom is oversized and 2-3 times a normal bedroom size with a sperate entrance from the outside/patio. An apartment on the second level, complete with its own full kitchen, bedroom, living room and bathroom with a separate entrance from the main house with sepaerate electricity. Fenced-in Backyard with patio for privacy and outdoor enjoyment. Hardwood Flooring throughout the main home4 Parking Spaces – ample room for residents and guests along with street parking. Income Potential: Currently generating $4,800/month in rent, with tenants in place through July 2025Opportunity for Increased Rent: Rent has not been adjusted for 3 years, presenting potential for increased cash flow. The second-level apartment, fully furnished, could generate $2,400/month as a short-term rental (Airbnb, VRBO, etc.). Whether you're seeking a home for your family or looking to capitalize on a prime investment property, this home offers a solid cash flow and long-term growth potential. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.