Investors rejoice and Househackers rejoice. Even with higher interest rates, this property will cash-flow. This newly renovated multi-family unit boasts a 3 bed, 1 bath on one side and a 2 bed, 1 bath on the other (both with separate entrances). The 3 bed, 1 bath can be rented for $2300 and the two bed can be rented for $1700. If you're looking to house hack due to higher interest rates, or are looking for an investment opportunity, you won't find a better one that this. With an investor loan and 20% down, your cash flow is around $1100. If you chose to live in one side and rent the other, you'll reduce your living expenses to sub $1000.
However you chose to make this space yours, this unit is for you!
Features
2 bedrooms
1382 sq. ft. floor area
crop_free12632.4 sq. ft. lot size
cottageDuplex
Property history for 1617 Prospect Street
2023
Sold
$225,000
08 Nov 2023 by Laurie Vierling, of Keller Williams Realty - Moorestown
Happy sellers in Mercer County
88%
sentiment_very_satisfied
88% of sellers in Mercer County reported that their sale price either exceeded or met their price expectations.
Mercer County stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 5 reviews in Mercer County over the last 12 months.
Local market activity for 2 bedroom duplexes in Mercer County
Sold
For Sale
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