3709 Mount Royal Street

About this property

Turnkey investment opportunity in the heart of Cockrell Hill. Both units are leased with solid terms through late 2026 and early 2027, generating $2,675 a month in immediate rental income. Each unit is a 2 bedroom, 1 bathroom with 712 Sq ft. Total 4 bed, 2 bath 1424 sq ft. Both units have had significant upgrades including paint, refinished wood floors, stone countertops, updated bathrooms. Updated windows, composition roof, exterior paint, water heaters and updated HVAC units all in 2018. Originally appraised at $475,000 in 2022, this property is now available for $370,000, offering significant built-in value. Two detached garages include a spacious two car structure ideal for conversion to an Accessory Dwelling Unit (ADU), an untapped opportunity to boost rental income and property value. Plus another one car garage with a storage space, with more driveway parking as well. Lots of opportunities for rental income, storage income, turn a garage into a business.

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