Located in the prime Midwood area at 1727 East 14th St., just a few blocks from the vibrant community of Ave U, this 1985-built four-family residence offers a unique investment opportunity. Boasting a building size of 25x70 on a 25x100 lot, this 3-story property with a fully finished basement includes four duplex units, each featuring 3 bedrooms and 1.5 bathrooms.
Rental details are as follows: Unit A is rented for $2250/month without a lease; Unit B for $2600/month without a lease; Unit C for $2800/month without a lease; and Unit D, expected to rent for $2900/month, will be delivered vacant. The tenants are cooperative and punctual with payments, highlighting this as an attractive income-generating asset for both investors and end-users. Each unit has its own boiler and furnace, minimizing maintenance responsibilities for the owner to just the water bill.
Situated in one of the most bustling and convenient locations, the Kings Hwy commercial district is a stone's throw away, offering everything from major department stores like TJ Maxx and Target to small convenience stores and 24-hour urgent care. Additionally, the property is just 2 blocks from the B/Q train station and lies within an excellent school district. With 3 units potentially becoming vacant soon, this is an opportunity not to be missed for those looking to invest in a significant property with great rental income potential. Experience it firsthand and seize the chance to make this exceptional property yours. Neighborhood highlights
Since 1987
