Property Description

Now is your chance to secure a separately metered, remodeled, income-producing 2-unit rental property with an impressive $2,233 gross monthly rent - $26,796 annually! 2736 E Preston St spans three finished levels and features LVP flooring, remodeled kitchens, and updated bathrooms. UNIT A encompasses the main level and finished basement. It has 1 bedroom and 1 bathroom. This unit is leased to a resident participating is a subsidized housing program. The total rent is $1,253. The program pays $213 and the resident pays $1,040. The resident moved in in July 2012 (NEARLY 14 YEAR TENANCY!) and is in a lease until July 31, 2026. The lease will then renew on a year-to-year basis. UNIT B encompasses the entire second level. It has 1 bedroom and 1 bathroom. This rent is $980. The resident moved in in July 2025 and is in a lease until July 31, 2026. This lease will then renew on a month-to-month basis. The residents of both units are paid up on rent. The home is in compliance with its housing inspections, has an active rental license, limited lead free lead certificate, and written leases holding the residents responsible for maintaining the gas and electric bills in their names. The leases also require the residents to handle trash removal, light bulb replacement, accidental lockouts, and any repair, extermination, or citation costs resulting directly from the actions of the residents. The landlord pays for water, lawn maintenance, and snow removal. 2 Ducane gas furnaces. 2 GE electric water heaters. Add this home to your portfolio today!

Property Features

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