Listing

Property Description:

Triangular Duplex Investment Opportunity Mixed-Use Zoning Unique and income-producing duplex situated on a distinctive triangular lot, offering both residential rental income and commercial mixed-use potential. Near shopping and Doctor's Memorial Hospital, this two-story property features two well-maintained units with strong rental performance and recent updates throughout. The downstairs unit includes 2 bedrooms and 1 bathroom, perfect for smaller tenants or professional occupants, rented for $1300 per month. The upstairs unit offers 4 bedrooms and 2 bathrooms, providing a spacious layout ideal for larger households or shared living arrangements, rented for $1200 per month. Utilities are included in the rent and average $300-$400 per month, leaving around $2100 to $2200 gross income. The property is commercially approved for mixed use, opening the door for investors seeking flexibility for residential rentals, live-work concepts, or small business opportunities. Recent improvements add value and reduce maintenance concerns, including: New flooring throughout both units Fresh interior paint New appliances (range and refrigerator in each unit) New water heater Durable metal roof A 4-point inspection is available upon request, providing additional peace of mind for buyers and lenders. With its distinctive triangular design, updated interiors, reliable rental income, and mixed-use zoning, this property presents a compelling opportunity for investors or owner-operators looking to expand their holdings. For sale individually, or as part of a larger portfolio, including an 8-unit apartment block ($6025 monthly) and a single-family home ($1100 monthly), a total of approximately $9225 monthly. Available as a group for $700,000. Tenant occupied. Property may be inspected after commencement of due diligence period. No sign or lockbox. Please do not disturb tenants.