Location! Location! Location! This adorable 1928 duplex cottage has been lovingly cared for and is the last property located on a quiet cul-de-sac. Residents enjoy a path into the heart of downtown Auburn with restaurants, shops, theatre, and community events all within an easy stroll. Each unit has has 1 bedroom/1 bath with living, kitchen, eat-in dining, inside laundry, and a generously sized bedroom. Units measure just shy of 600SF and include ample storage w/period specific nooks/crannies unique to a 1920s build. Each side is separately metered for utilities and comes with a recently redesigned water wise, low maintenance front yard with manual sprinklers. There is a gated driveway and storage under the rear side for each unit. Over the last three years, the property has received: a new roof, gutters, mini-split heat and AC units (two on each side) for comfort, new vinyl plank floors, remodeled bathrooms with Corian solid surface shower walls, new stoves, quartz countertops along with new faucets and hardware, new dual-pane bedroom windows, ceiling fans and blinds w/fresh paint. The original floor furnaces still work and are very cost effective. Currently, one unit is tenant occupied and another unit is vacant. Live on one side and rent the other! Cap Rate 5.4%
Listing courtesy of Recovery Realty.
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