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Opportunity abounds with this great duplex close to Derryfield Park. Each apartment has its own tenant-paid heat, hot water, and electrical service, plus washer and dryer hookups (in basement and attic), and off-street parking behind the building. Updates include new roofing installed in July 2018, one newer boiler and hot water heaters, modern vinyl replacement windows, and updated bathrooms, which make this an easy property to maintain. Each of the two 2-bedroom apartments has a Jack-and-Jill bathroom, has been well-maintained, and has a bonus room with pocket doors that tenants are currently using as a third bedroom. The 2nd floor apartment has access to a third floor walk-up attic that previous owners had started to frame in; with proper approvals from the City, it could provide lots of room for expansion and increased rental income. The detached 1-car garage plus workshop/storage space has its own electrical meter socket. Garage has been leased to neighbors previously, providing additional income. COC current through 9/13/2019. Both units are currently occupied by long-term month-to-month tenants, so if buyer is an investor looking to rent the whole property, this is a turn-key property. Looking to owner-occupy one unit? You can have rental income from day 1, with an existing tenant!

Property Details of 344 Pearl Street

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Listed by Gregory Sowa of Keller Williams Realty-Metropolitan
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