Average square foot calculated using Size range provided by listing agent.
Description
* Renovated 2-Family with Investor Upside in Prime Location * Welcome to 37-39 Granfield Avenue - a fully detached 2-family property offering long-term value and easy management. Each unit features a spacious studio or 1-bedroom/1-bath layout, ideal for consistent tenant demand in a strong rental market. Both units have been updated and are ready for immediate occupancy, allowing the next owner to secure tenants at current market rents. Recent improvements include two brand-new boilers (installed 04/2024) and a roof estimated at 8-9 years old. Tenants are responsible for their own electric and gas, keeping expenses low and predictable. A clean, income-producing asset with a projected cap rate of approximately 9.1% once stabilized - great opportunity for new or seasoned investors. This is being sold as a package with 33-35 Granfield & 43-45 Granfield or can be bought individually / Message me for a package price.Show Description
MLS® Number24112072
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageNo
Approx. Age1930
BasementFull, Unfinished
DrivewayNone
Garage Spaces
HeatNatural Gas, Hot Air
A/CNone
Heating Fuel
Extras
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