



Turnkey investment or live in opportunity! This 2 unit features exceptionally low-overhead. The upstairs unit is currently rented at $1275/month and the tenants have been there for over 10 years with excellent payment history. Downstairs unit was just remodeled, giving you the flexibility to either find your own tenant, or live in the bottom and collect income from the upper unit. Tenants pay all their own separately metered electric and water, leaving the owner with minimal expenses. Currently, the owner only pays $1,500 per year for lawn care and snow removal. The upper unit is a spacious 3-bedroom, 1-bathroom home occupied by an exceptional, reliable tenant of ten years currently paying $1,275 per month, benefiting from updated vinyl siding, upper-level windows, an electric heater, and a water heater replaced approximately ten years ago. The lower unit is a vacant, fully remodeled 2-bedroom, 1-bathroom projected to rent at $1,500 or more per month. This unit is showcasing brand-new windows, cabinets, a stylish bathroom, doors, trim, appliances, an electric heater, and a new water heater. Ample parking is provided with five exterior spots. There is also an on-site shared laundry room-already separately metered for each unit. There are currently no washer/dryers in the laundry room so this presents an immediate value-add avenue to generate additional monthly revenue through coin-operated machines, making this property an effortless addition to any income-focused portfolio.
| Type | School name | District name |
|---|---|---|
| High | East High School | Not available |
| Not available | Not available | Not available |
| Elementary | Edna Rollins Elementary School | Not available |
| Not available | Not available | Not available |
| Middle | C F Simmons Middle School | Not available |
| Not available | Not available | Not available |
| Juniorhigh | C F Simmons Middle School | Not available |
| Not available | Not available | Not available |
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $5734 | NZD $10,163* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Compass
Property ID: 110120858408
Original Property ID: 3yd-MREDIL-12796087