* Amounts are estimates only. Final payment amounts may vary.
Description
Discover a cozy and manageable raised bungalow located on a corner lot, right in the middle of schools, shopping, and other everyday conveniences. This practical property offers a great opportunity whether you’re a first-time buyer, an investor, or simply looking for an affordable home with income potential. The main floor features two bedrooms, a full bathroom, and convenient in-suite laundry, providing everything you need in a straightforward, functional layout. The basement is set up as a bachelor-style unit with its own private entrance, perfect for a tenant or even extended family. It’s a clean and workable space, and was previously rented at $600 per month. The upstairs portion is currently rented at $1,100 per month, giving you a head start on mortgage support. This home will turn you a profit. Whether you decide to live on the main floor with a mortgage helper in the basement or rent out both units, this affordable raised bungalow provides solid income potential in a location that tenants appreciate. If you’ve been looking to get into real estate investment or need a budget-friendly home with options, this property deserves a look!
Property details
Basic Info
MLS® #
A2236927
Property Type:
Residential
Subtype:
Detached
Subdivision:
Vermilion
Price
$139,900
Sale/Lease:
For Sale
Size:
633 sq.ft.
Bedrooms:
3
Bathrooms:
2
Year Built:
1943 (83 years old)
Building Info
Structure Type:
House
Building Style:
Bungalow
Garage:
No
Parking:
None
Basement:
Full
Features:
See Remarks
Inclusions:
NA
Appliances:
See Remarks
Laundry:
Upper Level
Exterior Features:
None
Patio/Porch Features:
None
Neighborhood Info
Nearby Amenities:
Airport/Runway, Fishing, Golf, Lake, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Lot / Land Info
Lot Size:
0.14 acres
Lot Features:
Corner Lot, Rectangular Lot
Zoning:
R2 - Residential
Materials & Systems
Roof:
Asphalt Shingle
Exterior:
Wood Frame
Floors:
Laminate
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Airport/Runway, Fishing, Golf, Lake, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Walking/Bike Paths