Discover a hidden gem in the desirable Huntingdon Mews community! This charming 2-bedroom, 2-bathroom unit offers 946 sq. ft. of potential, perfect for savvy investors seeking rental income or a renovation project. Built in 1988, this garden-style apartment features a cozy fireplace, adding warmth and character to the living space. With an association that covers lawn maintenance, snow removal, and trash services, your investment is low-maintenance and hassle-free. The below-average condition presents an excellent opportunity for value enhancement through updates and renovations, allowing you to maximize returns. Enjoy the convenience of washer/dryer hookups and ample parking in a well-maintained lot. The community's tranquil atmosphere and proximity to local amenities make it an attractive option for renters. Don't miss out on this opportunity to invest in a property with great potential in a sought-after location!
2 bed 2 Bath $155,000
2 bed 2 bath vacant.
EST. Rent at $1750 - $1850
ARV of $190,000
Net Operating Income of $12.5K in the first year.
CAP Rate of 8%
COC Return year 1 of 4.4%
10 year Internal Rate of Return 14.9%