Massive Cashflow Advantage: Seller offering full 2-1 interest rate buydown credit! Potentially save over $1300/month on your mortgage payment in year one! Located in highly desirable Normal Heights near Von's and Ward Canyon Park, this turnkey duplex is a premium asset for investors or house hackers. Exceptional rental strength with a combined $6,600/month gross income ($3,300 per unit), the finances pencil out at current interest rates. Let the seller buy down your rate and secure this financing advantage. $60K in kitchen, bath and plumbing upgrades. Unique design with each 2 bedroom/1 bath unit, 3671 Madison and 4569 Cherokee, facing a different street for added privacy. Two car detached garage with workshop and one additional outdoor parking space. Potential ADU opportunity. Also potential to convert to a single family property. Buyers to research alternatives. Central heat and air conditioning. Each unit has own washer/dryer. Separate utility meters for gas and electricity. Water metered electronically for each unit. Tenants responsible for all utilities plus water and trash. Abundant outdoor spaces with pavers and pea gravel for entertaining and pets. Kitchens and bathrooms remodeled in 2022. Electrical and plumbing upgrades by previous owner. Mature fruit trees including lemon and avocado. Quiet location. Fully fenced with private spaces for each unit.
1,505 Sq Ft
5,139 Sq Ft Lot Size
other
Built in 1948
MLS/Listing ID TR26169750
1 Stories
2 Units
Neighborhood View
Double Pane Windows
Shingle
Public Sewer
Public Water
Washer
Dryer
Style - Ranch
Community - Suburban
Construction - Stucco
Community - Biking
Community - Curbs
Community - Dog Park
Community - Park
Community - Sidewalks
Parking - Concrete
Parking - Deck
Parking - Door Multi
Parking - Garage
Parking - Garage Door Opener
Parking - One Space
Parking - Workshop in Garage
Lot - Front Yard
Lot - Landscaped
In Garage
Inside
Stacked
Living Room Deck Attached
Storage
Heating - Natural Gas
Bath Fireplace
Electric Fireplace
Gas Fireplace
Kitchen Fireplace
Living Room Fireplace
Outside Fireplace
Primary Bedroom Fireplace
Barbecue
Cooling - Ceiling Fans
Cooling - Central Air
Cooling - Electric
Cooling - Gas
Construction - Frame
TOTAL MONTHLY COST
$0
$0
$0
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.