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1522 LILLIAN AVENUE
Description
WELCOME TO 1522 LILLIAN STREET, A FANTASTIC INVESTMENT OPPORTUNITY FEATURING TWO TENANTED LIVING SPACES AND STRONG EXISTING RENTAL INCOME. THIS SPACIOUS 2-STOREY HOME OFFERS A FUNCTIONAL AND VERSATILE LAYOUT, MAKING IT AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. THE MAIN/UPPER UNIT FEATURES A BRIGHT OPEN-CONCEPT LIVING AND DINING AREA, 4 GENEROUSLY SIZED BEDROOMS LOCATED ON THE UPPER LEVEL, AND 1.5 BATHROOMS, PROVIDING PLENTY OF SPACE FOR COMFORTABLE EVERYDAY LIVING. THE LOWER LEVEL OFFERS AN ADDITIONAL 2 BEDROOMS AND 1 FULL BATHROOM, CREATING A SEPARATE LIVING SPACE WITH GREAT INCOME POTENTIAL. BOTH UNITS ARE CURRENTLY TENANTED, WITH THE MAIN UNIT RENTED FOR $2,500 PER MONTH AND THE LOWER LEVEL RENTED FOR $1,500 PER MONTH, PROVIDING A COMBINED RENTAL INCOME OF $4,000 PER MONTH. AN EXCELLENT OPPORTUNITY FOR INVESTORS LOOKING FOR AN INCOME-PRODUCING PROPERTY WITH TENANTS ALREADY IN PLACE. WHETHER YOU'RE LOOKING TO EXPAND YOUR EXISTING PORTFOLIO OR STEP INTO THE INVESTMENT MARKET! (id:50861)
Property details
- Property type
- Single Family
- Building type
- House
- Lot size
- 94.31 X 30.12 FT / 0.065 AC
- Year built
- 2020
- Heating
- Forced air, Natural gas, Furnace
- Cooling
- Central air conditioning
- MLS® number
- 26023851
Mortgage calculator
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Location
Listed by: REMAX CAPITAL DIAMOND REALTY. Data provided via CREA’s DDF® and deemed reliable but not guaranteed. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.