SoldFeb 23, 2024

7 Alfred Street, Caversham, Otago

Amount undisclosed

6
2
2
387 m²

House

30+ days on the market

Sold: Feb 23, 2024

What's around 7 Alfred Street

Home & Income/Cash Flow?

Presenting an ideal combination of convenience and potential; this distinctive listing encompasses two separate units, each offering spacious accommodations. 7 Alfred Street - Unit 1, located upstairs, welcomes you to a generous space featuring three bedrooms and a bathroom. The open-plan living area seamlessly connects to a well-maintained kitchen. Enjoy the convenience of a heat pump, ensuring a comfortable atmosphere throughout the year. This unit also comes with shared double garaging for your vehicle and additional storage, providing an ideal living space for those seeking a mix of practicality and elegance. The potential rental income for this unit is $550 per week. 61 Surrey Street - Unit 2, situated downstairs, also boasts three bedrooms and a bathroom. Both units benefit from being positioned on a sunny corner site, creating a warm and inviting space. Similar to Unit 1, Unit 2 comes with shared double garaging for your vehicle and additional storage. The potential rental income for this unit is $550 per week. With a combined potential rental income of $57,200 annually, this investment has proven to be a sound choice for the current owner over an extended period. It stands as a reliable option for those seeking to expand their real estate portfolio.

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