Overview
Three-Building Investment Property Package
This package includes three buildings, collectively generating $8010 per month. The owner is responsible for water and yard work only. The properties feature restored original details, including stained woodwork, hardwood floors, and classic architectural elements. The Douglas Avenue properties each have three units, each featuring a large, inviting porch. The exteriors showcase pillars, a stone foundation, and preserved historic detailing. Unit 250, remodeled in 2023, blends modern convenience with original character, featuring an updated kitchen with a dishwasher, stove, microwave, upgraded plumbing, a breakfast nook, original built-in cabinetry, a large pantry, and a coffee station. It includes a private porch, a first-floor bathroom with a tiled tub/shower surround, an updated vanity, toilet, and flooring. The unit also has a dining room, living room, restored hardwood floors, woodwork, a decorative fireplace, a first-floor bedroom with French doors, decorative lighting, and ceiling fans. The unit has two additional bedrooms, a linen closet, and an unfinished attic. Unit 254 features hardwood floors, woodwork, spacious rooms, a kitchen, dining room, living room, four bedrooms, a full bath, and an attic with stair access. Lead abatement has been performed, and knob and tube wiring has been replaced where visible. The Kenilworth property is a renovated duplex with updated lighting, refreshed kitchens, updated baths, replacement windows, improved mechanicals, storage, a front porch, outdoor space, and off-street parking. Unit 2111 has a long-term tenant and features hardwood floors, a decorative fireplace, a bedroom, and an eat-in kitchen. Unit 2115 spans the second floor and finished attic level, offering hardwood floors, an eat-in kitchen with pantry, two bedrooms, closets, a finished attic with a third bedroom, a walk-in closet, and an unfinished area. A two-car garage is located to the rear of the property. The Arlington property brings in $2,400 per month. Unit 400 features fresh paint, new lighting, updated appliances, and a new dedicated outlet for the bedroom AC. Unit 402 has been updated within the last 18 months, including a refrigerator and stove. Both units offer hardwood floors, architectural charm, and a covered porch. The first floor includes a living room, dining room, kitchen, and sunroom. The second floor has two bedrooms and a full bath. The basement provides private storage and laundry hookups. Each tenant receives one side of the garage for storage. The property also has a shared side yard. Water averages under $75 per month, and tenants pay for electricity, gas, and trash.