906 ELDRIDGE STREET

Description

Great Opportunity For Investors!!…or for The New Homeowner who wants a steady income stream from on-property rentals while occupying the main residence! Main house features 4 generously sized bedrooms and 2 full bathrooms. Kitchen-family room combo with formal dining room and living room. Wood floors in all bedrooms and ceramic tile in the kitchen, family room and living room. Rental properties across the driveway include a 2 story unit with first floor containing 3 bedrooms rented indivudually to 3 separate tenants and sharing a kitchen and bathroom. Upstairs contains 4 bedrooms with 3 of the 4 currently rented indivudually to 3 separate tenants and sharing a kitchen and bathroom. The additional upstairs bedroom is being remodeled and will be rented to a 4th tenant when finished. Adjacent and attached to the 2 story rental unit is a 3 unit efficiency building with all 3 units currently rented. Also, on the property is a free standing unit being rented as well. Total current rental income from all rented units is $6,700/month, with the additional unit not currently rented to bring $800/month potential additional income. All tenants currently occupy on a written lease. With all but one unit currently occupied, this property presents an excellent opportunity for investors seeking a reliable income stream in a high-demand rental market…or a new homeowner who wants a steady income stream to offset the expense of their new home. Home also has solar panels on roof. Solar panels provide a substantial discount on monthly utilities. Current monthly payment for solar panels is $221/month and the solar panel contract with Sun Run will be assumed/transferred to the new home owner. Don’t miss out on this exceptional investment opportunity!