This amazing two-family homes is just the cash-cow you have been looking for.
The current size and layout of the home features two units, one up and one down. Downstairs is a 1 bed, 1 bath with lots of square feet, and a large bonus covered space in the back. The main bedroom has hardwood floors. It has access to the full, large basement for storage. Upstairs there is a 2 bed, 1 bath unit, which has been rented for $1650, but with lots of potential for increased income. This unit also has a deck and lots of closet space. Besides the potential to increase income by renovating and upgrading the spaces, this property may be expanded in multiple ways.
The existing floor plan allows for a creative buyer to add an extra bedroom and possible second bathroom on the first floor. Going a step further, a second level might be added to that same space to create a bigger upstairs apartment. And thanks to the large, level lot there might be room for expansion or conversion to a 3-Family home.
As it stands, with some light renovations, rental income upwards of $3500 a month is possible, and the sky is the limit depending on what your vision might be, or what is possible with this lot and property.
This amazing package is tucked away in a desired neighborhood, only minutes from some of the best Norwalk restaurants, shopping, and all modern conveniences. The highways are only a minute away, and trains only five minutes. This property is in a price point of its own, and has the potential buyers have been seeking!
Amazing two-family space in need of a creative buyer. An amazing location, with this home that can be converted into a much bigger and better two or three family.
|
