Description
A rare Duplex in the West Goshen school District. and now we have a price drop of $20,000. To help you get over the pesky interest rate hikes. One of Robert Kiyosaki of the “Rich Dad , poor dad” fame best quotes. “It’s more important to grow your income than cut your expenses. It’s more important to grow your spirit that cut your dreams.
Grow your income, while living in your own house. Live in one and have your tenant partially pay for your Mortgage. Additionally, getting a mortgage is easier, as most banks permit part of the rental income towards your income.
The first floor is a two bed unit that has been converted into a single huge bedroom, and can easily be converted back. A living room with a fireplace. flowing into a dining room. The kitchen is updated with modern stainless-steel appliances.
It also has a huge front porch with ceramic tiles.
The basement is big, clean and dry, it has a washer dryer hookup, the entire basement is with the first floor not counting the utilities access.
There are separate utilities for the two units, Electric hot water tanks and boilers.
It has a small backyard where you can enjoy the fresh air or barbeque in your privacy,
The second floor, a 1 bed 1 bath, is currently occupied with a well-paying, long term tenant, who is month to month, and would love to continue. The owners had rented the second floor unit, at a lower than market rate, as the tenant was willing to rent the apartment at a lower rate than without us updating the apartment. You could easily update the apartment and rent it out for $ 1,000 to $ 1,100 instead of the $ 875 per month. Landlord pays for sewer, water and trash. Tenant pays for gas and electric and cable TV. / Internet
The first floor was rented out for $ 1,300 before the renovation and market rates should be $ 2,000 to $ 2,200 per month.
Parking should not be an issue, Two parking spots in the front and another 3 cars can be parked at the back.
owner is a real estate agent in NJ.
Location
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Courtesy of: Realty Mark Associates-CC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 6th February, 2023 5:18 AM (UTC)
