List price is lender approved, and all contracts will require third party approval. Discover a prime investment opportunity in the heart of the Penn North neighborhood. This charming 4-bedroom, 1.5-bathroom residential property, built in 1915, offers a unique blend of historic character and modern potential.
With a compact lot size of just 0.02 acres, this property is designed for low maintenance, making it an ideal choice for investors seeking to maximize returns. The property features a versatile layout that can easily accommodate various tenant needs, enhancing its rental appeal.
The spacious bedrooms provide ample living space, while the 1.5 bathrooms ensure convenience for residents. The absence of a pool and extensive outdoor maintenance means lower ongoing costs, allowing for a more favorable cash flow. Located in a vibrant community, this property benefits from its proximity to local amenities and transportation options, making it attractive to potential renters.
The on-street parking adds convenience for residents and guests alike. The architectural style, categorized as Other, offers a unique aesthetic that stands out in the neighborhood, potentially increasing its desirability. Investors will appreciate the potential for appreciation in this up-and-coming area.
The Penn North neighborhood is experiencing revitalization, with increasing interest from both renters and buyers. This trend suggests a promising outlook for property values, making this an opportune time to invest. With no homeowners association fees to contend with, you can enjoy the full financial benefits of your investment.
The property's age and character provide a solid foundation for renovations or updates, which could further enhance rental income and property value. This property is not just a home; it's a strategic investment in a growing market. Whether you're looking to add to your portfolio or make your first investment, this property offers the potential for strong returns and long-term growth.
Don't miss out on the chance to capitalize on this unique opportunity in Penn North. Seller requests a minimum deposit of $2,500 and no contingencies.
