You're getting two properties for the price of one. The first property is a 3-bedroom, 1-bathroom home, and the second property is a 2-bedroom, 1-bathroom home.
The first property is currently rented out for $500.00 per week until January 2025, while the second property is generating $420.00 per week until March 2025. This provides a steady stream of income for the investor.
Both properties have been extensively renovated, which means they are in good condition and require low maintenance. They feature modern conveniences such as reverse cycle air conditioning, modern kitchens, and laundry facilities. This is appealing for tenants and reduces the likelihood of unexpected maintenance costs for the investor.
The properties are conveniently located within walking distance to the Boulder CBD, schools, and transportation. A central location often increases the desirability of rental properties and can attract tenants more easily. Additionally, there's a great shed included, which can be used for storage or the handyperson.
While the property is from around 1940, their extensive renovations have brought them up to modern standards.
Overall, this investment opportunity is very attractive. The combination of steady rental income, modern amenities, low maintenance, and a convenient location make it a compelling option for investors looking for residential properties.
For more information please feel free to contact Carolyn Brown 0407 540 341 or [email protected]