1227 ARDEN AVE
2, 1, 1,063ft²
MLS#: TB8302762
SELLER MOTIVATED! HIGH & DRY! This fully renovated single-family home presents an exceptional investment opportunity, ideal for both primary residency and income generation. Designed to optimize rental income and build equity, this property features 5 bedrooms and 4 bathrooms within 2,155 sqft of living space. Its flexible layout allows for separation into one 2-bedroom, 1-bath unit and three 1-bedroom, 1-bath studios, each with its own kitchenette, split A/C unit, and private entrance. With a rental potential of $5,800 per month, this property offers an impressive 9% cap rate and a 12.33% cash-on-cash return with a 20% down payment. Conveniently located near US 19 and close to schools, shopping, and dining, it’s a valuable addition to any investment portfolio. New roof installed in 2023. Buyer to verify dimensions. Contact the listing agent for additional details.
Driving directions : From Keene Rd going North take left turn on Sunset Point Rd. House will be located on the left side
Rooms | Dimension | Description |
---|---|---|
Primary Bedroom | 12x18 | First level |
Bedroom 2 | 17.2x12.6 | First level |
Bedroom 3 | 17.8x21.5 | First level |
Bedroom 4 | 10.5x13.1 | First level |
Bedroom 5 | 10.5x13.1 | First level |
Kitchen | First level | |
Living Room | First level |
2, 1, 1,063ft²
MLS#: TB8302762
3, 2, 2,191ft²
MLS#: T3551504
3, 3, 1,870ft²
MLS#: T3515019
3, 3, 1,507ft²
MLS#: A4619794