GREAT INVESTMENT OPPORTUNITY: DUAL INCOME PROPERTY WITH RENTAL POTENTIAL
Asking Price: $175,000
About 1425 Crescent Dr:
Title: Great Investment Opportunity: Dual Income Property with Rental Potential
Introduction:
Are you looking for a solid investment opportunity that can generate a steady stream of income? Look no further! We are thrilled to present you with an exceptional property that offers the perfect blend of comfortable living and incredible rental potential. This two-bedroom, one-bathroom home with a separate garage apartment is an ideal option for savvy investors seeking to diversify their portfolio. With immediate move-in availability and attractive rental rates, this property is a golden opportunity you don't want to miss.
Property Details:
Situated in a desirable location, this charming property boasts a two-bedroom, one-bathroom main house and a separate garage apartment. This unique setup provides the flexibility to live in the front house while renting out the back apartment, allowing you to enjoy the benefits of additional income or use it to help cover your mortgage payments.
The main house features a spacious layout, providing ample room for comfortable living. The two well-appointed bedrooms offer privacy and tranquility, ensuring a peaceful retreat after a long day. The bathroom is modern and well-maintained, offering convenience and functionality.
The real gem of this property is the garage apartment, offering a cozy and self-contained living space. With one bedroom, a bathroom, and a well-equipped kitchen, this apartment is perfect for tenants seeking privacy and independence. The separate entrance ensures both occupants can enjoy their own space while maintaining a sense of community.
Rental Potential:
This property has a proven track record of generating attractive rental income. The main house has previously commanded a rent of $950 per month, while the garage apartment has been rented out for $700 per month. With these figures in mind, you can rest assured that this investment will yield significant returns. Renting out the garage apartment allows you to offset a considerable portion of your mortgage, making this property an excellent financial asset.
Location:
Conveniently located in a sought-after area, this property offers easy access to schools, shopping centers, parks, and public transportation. Its proximity to desirable amenities ensures high demand from potential tenants, making it an ideal investment for those seeking long-term value and growth.
Conclusion:
If you're searching for a great investment opportunity that offers both a comfortable living space and the potential for rental income, this property is the perfect fit for you. With a two-bedroom, one-bathroom main house and a separate garage apartment, this property allows you to enjoy the benefits of dual income. The proven rental history, previous rental rates of $950 and $700 respectively, and the ability to live in the front house make this investment a smart and lucrative choice.
Don't miss out on the chance to add this exceptional property to your portfolio. Call your investment agent today and seize this golden opportunity. Invest wisely and secure your financial future with this fantastic investment opportunity.
This property also matches your preferences:
Features of Property
Single family residence
Built in 1937
Central/electric
Central electric
Open parking
No data
$178 price/sqft
This property might also be to your liking:
Features of Building
2
1
1
Main
Shower/Tub, Bar
Separate Formal Dining
Tile
Central/Electric
Central Electric
Range/Oven-Gas
Ceiling Fan(s)
984
984 sqft
Decorative
Open
Yes
One
1
None
Patio Open, Porch
Wood
None
150000066907103000
None
SingleFamily
Cottage
Single Family Residence
Wood Frame
Pillar/Post/Pier
Composition
1937
Yes
Public Sewer
Public
Overhead Utilities
Tyler
Crescent Heights Gardens
Conventional,Cash
Paved
Property Agent
Juan Gonzalez
RE/MAX Tyler