3 Bedroom
3 Bathroom
700 - 1,100 sqft
Central Air Conditioning
Forced Air
$320,000
1324 Copperfield Place, Windsor is an investment property within a portfolio. A single detached home offered at a 5.96% in-place cap rate on current rents. This fully-tenanted property generates $23,400 in gross annual rent and $19,060 NOI/Profit. The home is currently rented as a single unit under a lease structured so the tenant pays all utilities and is responsible for repairs, leaving the landlord to cover only property tax, insurance, and hot water tank rental - keeping operating costs unusually low. Basement layout and separate-entrance potential offer a clear path to reconfigure the home into a multi-door rental, letting a new owner add doors, increase gross rent, and grow NOI from a single-unit base. As the most affordable entry point in the portfolio, in an improving Windsor market, it also provides geographic diversification alongside room for appreciation and a low-cost way to test a conversion strategy. (id:63476)
Property Details
|
MLS® Number |
X13544742 |
|
Property Type |
Single Family |
|
Parking Space Total |
2 |
Building
|
Bathroom Total |
3 |
|
Bedrooms Above Ground |
3 |
|
Bedrooms Total |
3 |
|
Construction Style Attachment |
Detached |
|
Cooling Type |
Central Air Conditioning |
|
Exterior Finish |
Brick |
|
Foundation Type |
Unknown |
|
Half Bath Total |
1 |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Stories Total |
2 |
|
Size Interior |
700 - 1,100 Sqft |
|
Type |
House |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
65 Ft |
|
Size Frontage |
33 Ft |
|
Size Irregular |
33 X 65 Ft |
|
Size Total Text |
33 X 65 Ft |