Property Description

Welcome to 112 Cemetery, a well-maintained side-by-side duplex offering a great investment opportunity with immediate rental income. Conveniently located within walking distance to shopping, restaurants, and everyday amenities, this turnkey property is ideal for investors or buyers looking to live in one unit while renting the other. The property has a strong rental history and dependable long-term tenants who take excellent care of the property. Both units have separate utilities, spacious layouts, first-floor laundry/storage areas, and basement access. Tenants pay their own utilities, helping to keep owner expenses low. Unit 112A features 2 bedrooms, 1 full bath, a living room, dining room, kitchen, first-floor laundry area, basement access, and attic storage. Recent updates include a new furnace, remodeled kitchen and bathroom, updated plumbing, and vinyl plank flooring throughout. Unit 112B offers 2 bedrooms, 1 full bath, a living room, dining room, kitchen, first-floor laundry/storage area, and basement access. A den/office provides the potential for a third bedroom, creating additional rental value. This unit also features a remodeled kitchen and vinyl plank flooring throughout. Both units include a refrigerator and stove. The owner currently pays taxes, insurance($976 per year), and water/sewer($378 per qtr). Water and sewer expenses may be passed on to tenants at the new owner's discretion, creating an opportunity to increase cash flow. Both leases are month-to-month, giving a new owner flexibility to adjust rents, update lease terms, or occupy one of the units. The exterior features low-maintenance vinyl siding and replacement windows. Situated on a level corner lot, the property offers a spacious backyard, a detached two-car garage, and an asphalt driveway with parking for up to 10 vehicles. The garage may also provide additional income potential with improvements. Whether you're looking to add to your investment portfolio, purchase your first multifamily property, or offset your mortgage by living in one unit and renting the other, 112 Cemetery offers strong income potential, flexibility, and room for future growth. Property is being sold as-is. ** BONUS - A NEW ROOF WILL BE INSTALLED BEFORE SETTLEMENT!!** (See residential listing MLS #PAAD2023944)

Property Features

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