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Income producing investment opportunity with established tenant and lease in place through June 2029 with scheduled rent increases. Offering approximately 4,034 square feet, this two story property features multiple bedrooms, six bathrooms, spacious common areas, a large kitchen, laundry areas and multiple exterior access points. Tenant is responsible for utilities and most property maintenance, providing an attractive opportunity for an investor seeking immediate income with limited ongoing property responsibilities. Major improvements include roof, foundation work, HVAC systems and water heaters completed in 2019. Additional value add potential may exist through subdivision of the property into multiple units, subject to city approval, rezoning and applicable permitting requirements. Buyer and buyer's agent to independently verify measurements, zoning, permitted use, feasibility of subdivision and all property information.
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