Captivating Single Family Home with Detached Income Producing Duplex Discover the epitome of modern elegance in this 3-bedroom, 2-bath single-family brick home. Every part of this home has gone through extensive restoration to bring it back to it's original charm with modern amenities. This is a truly move in ready home. All new plumbing, HVAC, Roofs, Updated Electrical, Water Softener, Irrigation System, Spray Foam Insulation and so much more. At the rear of the property lies a duplex with two fully furnished and updated 1-bed, 1-bath apartments; producing income immediately. This property has been 100% occupied for 18 months and both units are pre booked until the middle of 2024 on Air BNB. 2023 Annual Revenue for just the Duplex was $45,600.00 This is a MUST SEE to appreciate! The Main home has been remodeled with an open floor plan; this home features a beautiful chefs kitchen with quartz countertops, double pantries, custom cabinetry and high end appliances, original white oak flooring restored with Bona HD, beautifully renovated en suite with natural stone tile and double vanities, walk in primary closet, large laundry room, massive enclosed sunroom with original charming floors and so much more. Beyond the home is a 1,500 square foot paved courtyard including a gazebo and a fully finished, air conditioned flex space that provides endless possibilities, such as an office, art studio or game room. Amazing Location! One block from Boone Park Tennis/Pickelball Center and in-between the Shoppes of Avondale and bustling restaurants on Park Street. This property is a rare find with a prime location. Both Apartments have central heat and air, all new plumbing, new roof, updated electrical, spray foam in-between both units and the roof, all new high efficiency windows and doors, high end kitchens, washer and dryers, high end furniture and fixtures. These apartments have been completely updated from top to bottom with no expenses spared. Duplex: 2023 Annual Revenue: $45,600.00 Main Home: Potential Long Term Revenue: $36,000 Annually Main Home: Potential Air BNB Revenue: $52,800 Annually Potential Annual income range between $81,600-$98,400 This property has been 100% occupied for 18 months and both units are pre booked until the middle of 2024 on Air BNB. The property is being rented monthly only, at a largely discounted rate, to simplify manageability. This leaves room for an increase in income if you wanted to rent out nightly/weekly. Don't Miss out on your chance to own one of the most unique properties in Avondale!
Listing courtesy of COWFORD REALTY & DESIGN LLC.
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