32 North Street

Description

Welcome to this rare opportunity to own a fully detached, recently altered, spacious legal 3-family plus home in the heart of University Heightsoffering abundant natural light, excellent ventilation, and exceptional living space on every floor. This well-maintained property features: First Floor: 3 bedrooms, 2 bathrooms. Second & Third Floors: Each with 4 bedrooms and 2 bathrooms and a full finished basement with outside entrance. Each unit is thoughtfully designed for modern living, with open-concept layouts that seamlessly blend living, dining, and kitchen spaces. Updated in 2018, every unit includes beautiful wood floors, abundant natural light, and contemporary finishes such as recessed lighting and stainless steel appliances. Additional features include a fully finished basement with a private entrance, perfect for extended living or recreational use, complete with a skylight and access to the backyardan ideal space for outdoor enjoyment. Situated in a vibrant and growing neighborhood, this home offers unmatched convenienceclose to shops, parks, major highways, and public transportation only 2 blocks away. The community of University Heights is known for its accessibility and strong neighborhood feel, with ongoing development signaling strong future property value appreciation. Whether you're an investor seeking steady rental income or a buyer looking to live in one unit while renting the others, this property offers exceptional flexibility and income potential. Recent renovations reduce immediate maintenance concerns, making it truly move-in ready. Selling with excellent paying tenants but 1 unit can be delivered vacant for the owner occupiers. Yearly income: $84,000 and expense: $11,979. Each unit has their own gas boiler and tenant pays their own utilities. Bonus Opportunity: 1050 Morris Ave is also AVAILABLE FOR PURCHASEgreat for buyers seeking portfolio expansion or multi-property ownership.