Discover a prime investment opportunity in the sought-after West Lawn neighborhood. This twin/semi-detached home, built in 1924, offers a solid foundation for rental income or future resale. With 3 bedrooms and 1.5 bathrooms, the layout is ideal for attracting tenants seeking space and comfort. The property features an unfinished basemen, while offering off-street parking for convenience. Investors will appreciate the potential for value appreciation in this established community, coupled with the low maintenance of a block construction. Projected Profit Potential: Gross Rents: $24,000 Annual NOI: $17,316 Cap Rate: 8.09% *10% holdback for vacancy and maintenance accounted for Cash on Cash Return: 8.80% *10% holdback for vacancy and maintenance accounted for ARV: $240,000-$250,000 Schedule a viewing today!
Listing courtesy of Realty One Group Supreme. Contact:
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