1616-1618 E Park Ave | House + ADU Investment
Immediate Rental Income | Owner-Occupant or Investment Opportunity
Marketing description
Excellent investment opportunity featuring a 6-bedroom, 3-bath house and a detached 2-bedroom, 1-bath apartment on 0.75 acres. The apartment is separately metered and currently leased to a long-term tenant paying $800/month, providing immediate rental income. Tenant is willing to vacate if needed. The property offers multiple income strategies, including renting both units, renting the main house by the room, or owner-occupying one unit while leasing the other. Major updates include a 1-year-old roof, 2-year-old HVAC, updated electrical, and replaced plumbing beneath the home. Additional amenities include a storage building, carport, circular driveway, and extra parking. Sold As-Is.
Investment highlights
6BR/3BA main home offers multiple leasing strategies
Separate electric meter for ADU
Potential owner-occupant or investment opportunity
1-year-old roof
2-year-old HVAC
Updated electrical throughout
Plumbing beneath the home replaced
0.75-acre lot
Storage building, carport, circular driveway, and additional parking
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