About 1801 W End Ave
Turn-Key Investment Opportunity with Strong Upside! Don't miss this well-maintained, income-producing two-unit property offering immediate cash flow with excellent potential for increased returns. Both apartments are currently rented on month-to-month leases to long-term tenants who would love to stay, making this a fantastic opportunity for investors or owner-occupants alike. One of the standout features of this property is the exceptional parking, which is hard to find! The owner has paved the entire side of the property, in addition to providing a 3-car driveway, plus a detached one-car garage. As a corner property, there is also abundant on-street parking for tenants and guests. The home also features replacement windows throughout. The first-floor apartment offers two spacious bedrooms, a comfortable living room accented with charming window shutters, a full bath, and a large eat-in kitchen. This unit also enjoys exclusive access to the partially finished basement, featuring a large finished room that could serve as a family room, recreation room, or potential third bedroom, complete with a convenient half bath. The basement also includes a washer and dryer, ample storage space, and direct access to the exterior.
The second-floor apartment spans the second and third floors and features an open-concept living room and kitchen, a full bath, laundry hookups, a generously sized bedroom on the second floor, and an additional spacious bedroom on the third floor. The building offers three separate entrances—one from the front through a shared foyer with interior mailboxes and another convenient side entrance for first floor and rear second floor. Current rents are intentionally below market value, as the owner has rented to friends and family.
Both tenants pay their own electric and electric heat, while the landlord is responsible for water, sewer, and trash, totaling approximately $2,064 per year. The detached garage also presents an opportunity for additional rental income, further increasing the property's earning potential. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this turn-key duplex offers stable occupancy today with plenty of room to increase cash flow tomorrow and not need any improvements for years to come. Don't miss this one!
