14 Bed Single Family Detached in Sidney
9601 Seventh St
MLS® NO: 381025
Attention Investors!! This legal 14-unit, non-conforming rooming house is in a prime location, 2 blocks to the beach, bus stop and stroll to downtown Sidney. This 1907 Craftsman house features original wainscoting, leaded beveled windows, pocket doors add to the charm and the large front veranda faces onto Iroquois Park. In 2009, a major reno saw electrical knob & tube wiring removed, 200 amp service installed, high-efficiency gas furnace with water heater installed, 5 new bathrooms, new kitchen, roof stripped, insulated and re-shingled, new gutters, drain tiles, new wood-burning fireplace stove with double-lined chimney etc. New fence this year. Tokette operated washer/dryer on site. Long-term, solid tenants many there more than 15 years. Monthly revenue of $5372 from 12 rooms with 2 rooms rent-free for manager and owner. Manager does a great job and would like to stay. This house has it all -- good cash flow & location, location!