1169 Melbourne Road

Description

Investor Opportunity with Long-Term Tenant in Place! This 4-bedroom, 1-bath Front Porch Colonial offers an excellent opportunity to add an already-occupied property to your rental portfolio. A long-term Section 8 tenant currently occupies the home and would like to remain, allowing the next owner to take over an established tenancy without the immediate need to locate a new renter. The home offers a spacious layout featuring a living room with fireplace, formal dining room with charming built-in cabinetry, eat-in kitchen, and four generously sized bedrooms. Brand-new carpeting has also been installed throughout. Several important updates have already been completed, including a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement. Whether you're looking to add another door to your existing portfolio or make your first investment purchase, this property offers the combination of an established tenant, four-bedroom layout, and key improvements already in place. Tenant would like to remain after the sale. Schedule your showing and see the investment potential for yourself!