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2932 Patterson Ave - 4BR/4BA Home with 1BR/1BA Income Property (Buyer's Agent)

2932 Patterson Ave – 4BR/4BA Home with 1BR/1BA Income Property (Buyer’s Agent)

August 4, 2015  |  Sales

Listing price: $749,000

Sale price: $725,000

The Hottest Deal of the Summer – only $276 per square foot – the lowest in the neighborhood. Because it’s a legal duplex, it’s like buying a 4 bedroom 4 bath home for under $650,000 plus getting a separate income producing property for $100,000 more. The 4th bedroom is set up as a separate mother-in-law’s apartment but can easy have an interior door put back in place. The separate 420 sq ft. rental generates $1200 per month in rental income. It is located over a large garage/storage unit that is shared by owner and tenant. Rental income could be increased by converting that space totally for the use of the tenant. The huge lot is large enough for a pool.