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You don't want to miss out on this income producing duplex in Richmond Heights. The building is located on a beautiful street on a corner lot, with a patio for entertaining, decks off of each unit, and a detached 2 car garage. Each unit is 1200+ sq ft, 2br/1b with wood flooring, updated bathrooms, and some new windows and new paint in the 2nd floor unit. Close to grocers, dining, and entertainment. Perfect for an owner occupant or an investor, it has solid tenants already in place (1 m2m, 1 lease). Potential to increase rents with no work, or even more with targeted cosmetic upgrades. Maintenance/repair costs elevated in 2018 due to painting, plaster repair, and some new windows. Self-managed in a typical year at current rent rates net income approaches $17,000. With minimal work you can have this building firing on all cylinders!
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Last Updated On: 2019-03-25.