970 Hanover St, Encanto, CA 92114

$870,000
2
BD
1
BA

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Sold Price
$870,000
List Price
$869,999
Closing Date
Oct 16, 2024
Status
CLOSED
MLS#
PTP2404428
Bedrooms
2
Bathrooms
1
City
Encanto
Property Type
Multifamily

Property Description

Great duplex opportunity for savvy house hackers! One unit is currently rented, providing immediate rental income, while the other unit is owner-occupied. Live in one unit to drastically reduce your living expenses or maximize your cash flow by renting out both units. This property also offers the potential to build additional units, increasing its investment appeal. Both units in the duplex have been well cared for, featuring open floor plans. Higher ceilings and spacious living areas allow for abundant natural light. Plus, there's an option to assume the current VA loan on this home at a favorable 5.5% interest rate. Don't miss out on the versatility and opportunities this unique property offers to significantly lower your monthly costs while building equity and generating income.

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Cameron Hodge (585-409-1968) from Listing Office: eXp Realty of California, Inc..

Selling Office: Arrive Real Estate.

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