27 Pensville Road SE

Live/Invest possibilty in this partially tenanted Penbrook Meadows Bi-Level property on a quiet street. There is a currently vacant illegal two bedroom and one bath basement suite as well as an main level two bedroom, one bathroom suite that rented on a fixed term lease to great tenants through December 15, 2023. That lease is currently fetching $1,850 per month including utilities. The basement is not leased any longer and was most recently renting foir $1,550 per month including utilities for the basement, That is a total rent potential of $3,400 per month, currently. In addition there is an oversized single garage (size of a double with a single door) complete with 220 service with additional rental potenial that is currently not rented out. Modernization updates include double insulation between the floors for sound proofing, upgraded attic insulation to R20, cleaning of the main drain line, installation of refurbished funace and hot water tank in 2021. With 920 ft2 the main floor offers two bedrooms, one bathroom, and an open floor plan with generous rooms. There is white cabinetry, stainless appliances, laminate flooring throughout and a separeate laundry pair. The illegal basement suite also has two bedrooms and one bathroom, a spacious kitchen and living area and its own laundry room. The massive west facing back yard space has a deck off the upper level, side fencing, additional parking and tons of grassy space. In addition to tthe impovrments that have been made, there is definitely some immediate and shorter term work required on this property (shingles, windows and deck, etc) which is refelcted in the pricing. Come and see for yourself today or call for more details.