Whether youre an investor looking to expand your portfolio or a future homeowner interested in living in one unit while generating rental income from the other, this tenant-occupied multi-family property offers an excellent opportunity! The first-floor unit features 1 bedroom, 1 full bathroom, a comfortable living room, and a kitchen. The unit currently rents for $950 per month. The second unit offers 2 bedrooms, 1 full bathroom, a living room, a kitchen with a dining area, a dedicated laundry room, and access to a back deck. The unit currently rents for $1,000 per month. Both units are currently rented through the Section 8 Housing Choice Voucher Program, offering an established rental arrangement for the next owner, subject to the existing lease terms and program requirements. Utility and Property Expenses:* Tenants pay their own gas and electric.* The landlord is responsible for water, trash, sewer, and property taxes. First floor is electric heating and second floor is natural gas heating. Additional features include a fenced backyard. Basement access is from outside.
This calculator is provided for informational purposes only by Burrow Services, Inc. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.