Fully renovated three-unit investment property offering a strong combination of updated interiors, established tenancy, and current rental income of $3,800 per month. Each unit has been refreshed with luxury vinyl plank flooring, ceramic tile in the bathrooms and showers, new vanities, toilets, hardware, recessed lighting, water heaters, electric baseboard heat, ranges, and refrigerators.
Unit 1 is a spacious one-bedroom, one-bath residence with both front and rear entrances and is currently occupied under an annual lease. Unit 2 is located on the basement level and offers one bedroom, one bath, a den, and separate front and rear entrances. This unit is occupied by a long-term tenant. Unit 3 occupies the upper level and features two bedrooms and one bath, with the current tenant's lease scheduled to end next month.
Tenants are responsible for their own BGE accounts and utility usage. Water is paid by the landlord and included in the rent, averaging approximately $50 per month per unit. The property also includes an on-site washer and dryer, with the washer coin-operated, a separate ground-level mechanical room with private landlord access, and a fenced yard.
With three income-producing units, updated finishes throughout, and established rental history, this property offers an attractive opportunity for an investor looking to add a renovated multi-unit property to their portfolio.
