Property Specs:
Price$499,900.00
CityWindsor, ON
Bed / Bath6 / 2 Full, 1 Half
Address1522 LILLIAN AVENUE
Listing ID26023851
ConstructionAluminum/Vinyl
FlooringCeramic/Porcelain, Cushion/Lino/Vinyl, L…
Land Size94.31 X 30.12 FT / 0.065 AC
TypeHouse
StatusFor sale
Extended Features:
Features Side DrivewayOwnership FreeholdAppliances Dryer, Refrigerator, Stove, WasherCooling Central air conditioningFoundation ConcreteHeating Forced air, FurnaceHeating Fuel Natural gas
Details:
WELCOME TO 1522 LILLIAN STREET, A FANTASTIC INVESTMENT OPPORTUNITY FEATURING TWO TENANTED LIVING SPACES AND STRONG EXISTING RENTAL INCOME. THIS SPACIOUS 2-STOREY HOME OFFERS A FUNCTIONAL AND VERSATILE LAYOUT, MAKING IT AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. THE MAIN/UPPER UNIT FEATURES A BRIGHT OPEN-CONCEPT LIVING AND DINING AREA, 4 GENEROUSLY SIZED BEDROOMS LOCATED ON THE UPPER LEVEL, AND 1.5 BATHROOMS, PROVIDING PLENTY OF SPACE FOR COMFORTABLE EVERYDAY LIVING. THE LOWER LEVEL OFFERS AN ADDITIONAL 2 BEDROOMS AND 1 FULL BATHROOM, CREATING A SEPARATE LIVING SPACE WITH GREAT INCOME POTENTIAL. BOTH UNITS ARE CURRENTLY TENANTED, WITH THE MAIN UNIT RENTED FOR $2,500 PER MONTH AND THE LOWER LEVEL RENTED FOR $1,500 PER MONTH, PROVIDING A COMBINED RENTAL INCOME OF $4,000 PER MONTH. AN EXCELLENT OPPORTUNITY FOR INVESTORS LOOKING FOR AN INCOME-PRODUCING PROPERTY WITH TENANTS ALREADY IN PLACE. WHETHER YOU'RE LOOKING TO EXPAND YOUR EXISTING PORTFOLIO OR STEP INTO THE INVESTMENT MARKET! (id:4555)