Standardized Operating Procedure of Purchase

This amazing duplex features numerous updates and offers excellent income potential. The upper unit has been completely remodeled and is currently vacant, showcasing a spacious 2-bedroom apartment with all new vinyl windows, basement glass block windows, a fully gutted kitchen with white shaker cabinets, high-end granite countertops, tile backsplash, and premium stainless steel appliances including a refrigerator, stove, over-the-range microwave, and dishwasher. It also includes a brand new washer and dryer, while the bathroom has been fully gutted with new plumbing, a brand new tub, custom tile walls and floors, a new vanity and toilet, all accented with sleek black fixtures and finishes. The entire upper unit boasts new luxury vinyl plank flooring, fresh paint, and modern LED light fixtures. The lower unit is currently rented month-to-month for $950 and offers 3 bedrooms and 2 full bathrooms, with significant upside once renovated to reach market rents of $1,850 or more. Both units are separately metered for gas and electric, with tenants paying their own utilities, and each has its own furnace (the lower unit’s is brand new), hot water heater, central air conditioning, and separate laundry hookups in the basement. Both units also feature upgraded electrical panels with circuit breakers. This property provides great cash flow opportunities, occupy the fully updated upper unit while the lower unit helps cover the mortgage, or rent the upper unit at current market rates of $1,600 or more for strong returns. Additional highlights include private off-street parking on the driveway, three extra parking spots next to the garage, and a 2-car garage currently used for storage by the lower tenant. Come take a look at this great opportunity today!