Investment opportunity at 934 Cottage Street in Blakely! This fully occupied two-unit residential income property is currently generating 2,500 per month in gross rental income, with each unit rentedat 1,250 per month. Annual gross rental income is 30,000.Each apartment offers 1 bedroom and its own washer/dryer hookup. The upper unit features 1 full bath, while the lower unit offers 1 full bath plus an additional half bath. Recent improvements include fresh paint, reglazed bath surfaces, drywall updates, as well as new furnaces and water heaters.Tenants are currently in place, providing immediate rental income from day one. The property also offers off-street parking with one driveway space. With current annual gross rental income, established tenants, relatively low annual taxes, recent mechanical updates, and existing rental history, this property offers an appealing opportunity for investors looking to add an income-producing property to their portfolio. Conveniently located in Blakely with access to shopping, dining, local amenities, and major roadways. Schedule your private showing today.
Listing courtesy of Coldwell Banker Town & Country Properties.