1325 Edwards Avenue

Description

Unique opportunity for an owner-occupant! Live in the larger two-bedroom, one-and-a-half-bath owner's unit with its spacious enclosed patio while collecting rental income from the other three units to help offset your monthly housing costs. For buyers considering a condominium, this four-plex offers an alternative worth exploring: the opportunity to own an income-producing property, benefit from three additional rental units, and have no HOA dues. Also an excellent investment opportunity with strong rental appeal, the property features three two-bedroom, one-bath units plus the larger owner's unit. All four units have received some updating over the years. Two units are occupied by long-term month-to-month tenants, while the other two have annual leases and were leased within the past two years after receiving fresh interior paint and newer flooring. A convenient coin-operated laundry room with an owned washer and dryer provides an additional source of income. Ideally located near Coddingtown Mall, Whole Foods, shopping, restaurants, public transportation, and the SMART train. Whether you're looking for a place to call home while rental income helps offset your housing expenses or an investment property to add to your portfolio, this four-plex offers flexibility and long-term potential.