Two great rental units under one roof. A duplex in a single-family neighborhood. This cash-flowing investment property sits on an enormous 12,850 square foot lot. It combines the appeal of quiet residential living with immediate steady cash and future redevelopment possibilities. Each unit is an efficient 1BR/1BA with its own gas and electric meter. Englewood public water is on a shared meter, and a working well produces free unmetered water for irrigating the massive lawn. Both units are tenant-occupied through March 2024. Significant opportunity for rent increases with current rates approximately 30 percent below market. The garage is duplexed as well, divided by a wall with storage galore and one parking space per side. Plus tons of additional parking on the street and just off the low-traffic cul-de-sac alley. Zoning legislation at the local and state level may create new development possibitlies. This property is the perfect house hack, cash-flowing income investment, and land-bank play pending zoning changes. Buyers should exercise due diligence.
Some words will not translate correctly. By using this feature, you accept this risk and agree to release Berkshire Hathaway HomeServices and its franchisees from any claims or damages resulting from incorrect translation.
Berkshire Hathaway HomeServices California Properties Email Us
Our website uses cookies, including third parties’ profiling cookies, to improve your user experience. You can learn more about how we use cookies and how to change your
cookies settings in our Privacy Policy. By closing this message, clicking above or continuing to use this site, you consent to our use of cookies.