1347 Elmira Street

Description

Unlock a versatile income-producing opportunity with this unique triplex property, thoughtfully configured to maximize both flexibility and cash flow! Originally a single-family home, the property has been divided into three separate 1-bedroom, 1-bathroom units, each around 500 square feet with private entrances, offering ideal privacy for tenants or an owner-occupant setup. Unit #A (front of the duplex) has been recently refreshed with a brand new walk-in shower and modern bathroom tile, an updated kitchen, and new carpet, creating a clean and inviting living space. Unit #B (back of the duplex) offers additional versatility with two non-conforming basement rooms - perfect for added storage, workspace, or flexible use - along with new carpet and laminate flooring throughout. The detached ADU (Unit #1/2), converted from the original garage, features a 1-bedroom, 1-bath layout and has been updated with a new water heater installed in 2025. Each unit rents for approximately $1,000 per month, presenting a strong and steady income stream with the potential for increased returns. Off-street parking is available via the driveway in the rear of the property, and three on-site storage sheds add further convenience and tenant appeal. Ideally located near Lowry and Central Park, this property offers easy access to shopping, dining, parks, and major commuter routes - making it highly attractive to renters. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property delivers both opportunity and flexibility!