Standardized Operating Procedure of Purchase

Great investment opportunity! Spacious 2-family home located off Bailey Ave featuring a total of 8 bedrooms and strong income potential.

The front apartment is vacant and move-in ready, offering a living room, large kitchen with new flooring, 2 bedrooms, full bathroom, and convenient in-unit laundry hookups. Perfect for an owner-occupant or ready for a new tenant immediately.

The rear duplex apartment is currently rented to long-term tenants paying $1,250/month. This spacious unit features a first floor with living room, dining room, large kitchen, full bathroom, and 2 bedrooms. The second floor includes 4 large bedrooms, providing plenty of space for a large household.

Potential gross income can reach approximately $2,500/month while maintaining low yearly expenses. City taxes, user fee, and water are approximately $2,600 annually, making this property an excellent cash-flow investment opportunity.