Amazing opportunity in HOT Southampton neighborhood! Fully rented duplex brings in close to $20,000 annually. Use your favorite investment calculation (cap rate, 50% rule, cash-on-cash ROI, etc)...all will show the incredible cash flow opportunity. Property is in an amazing location convenient to all major highways, and is a stone's throw from the shops and eating establishments of the Macklind Ave Business District. Property rents to great tenants at the snap of a finger and has supported 7-10% rent increases over the past 5 years. Approx 1000 sq ft units offer hardwood floors and updated kitchens and bathrooms. Shared laundry and storage are in the basement. 1st fl is 2 br, 2nd fl is 2 br with a bonus room perfect for a small office. Property offers a 2-car garage currently shared by both units. Building has been improved w/tuckpointing and new poly roof coating in 2017. 1st fl easy to show. 2nd fl show only w/accepted contract. HSA home warranty included. Agent is owner.
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