111 Eldridge Street

About Property

*MULTIPLE OFFER RECEIVED; HIGHEST AND BEST DUE WEDNESDAY 2/18 BY 6 PM* Turnkey duplex offering a rare opportunity for investors. This well-maintained property features two spacious units, each with 3 bedrooms and 1.5 baths, plus numerous cosmetic and functional upgrades throughout. The property generates approximately $45,000 in gross annual income, making it an excellent cash-flowing investment from day one. For owner-occupants, this is an ideal house-hacking opportunity-live in one unit while rental income from the other helps offset most of your mortgage. The property has been thoughtfully upgraded. Each unit includes a newly remodeled bathroom with updated plumbing, one featuring a beautifully tiled bathtub. Additional updates include new paint and flooring in the right-side unit, new appliances (water heater, refrigerator, and microwave), a new roof soffit, and updated windows. The exterior offers a large, well-maintained yard with a firepit, perfect for outdoor enjoyment. A driveway provides ample parking. The detached garage with loft space and a separate storage shed offer covered parking and additional storage for tools, equipment, or seasonal items. Located on a quiet street yet close to shopping, restaurants, schools, and parks. With strong income, low-maintenance updates, and a convenient location, this is a standout opportunity.
Listed by eXp Realty, Sean Richard. Data sourced from SmartMLS