Fantastic and RARE offering of a 2 flat home in dynamite East Lake Forest location. Great opportunity to purchase as an investment property or live in one unit while having your mortgage paid for! Home consists of 2 very spacious units. Unit #1 is 1450sf, has 2 bdrms, 1 bath, an office, living room with a lovely gas fireplace, bright & spacious dining room, arched doorways, charming details such as interior French doors, a bright kitchen, and is currently leased for $2200/mo through 7/31. With such a fabulous income, this property is a sure winner! It hasn't been vacant in over 20 years! Unit #2 is owner occupied, is also 1450 sf, has 2 bdrms, 2 full baths, lovely living room with gas fireplace, those great French doors, another spacious dining room, 9ft ceilings throughout, and a large and bright kitchen with income potential of $2500/mo. Both units have 1 garage space and 1 additional parking space, separate laundry and storage areas. The basement has an additional 1450sf which has the laundry and storage areas, a large common room, an office, another full bath, and the utility room. The large patio and unusually large yard for east LF is a great place to relax and entertain. This great property sits on a lovely deep lot on a winding tree-lined street with tall oaks and charming homes, in the heart of everything and where you want to be. Walk to the beach, the train, the shops and restaurants, LFHS and Sheridan School, or hop right on the bike path. There will always be a rental market for this type of property in such an incredible location. Truly an exceptional investment. Please reach out for additional details regarding expenses and cap rate. Consider this great opportunity and make an appointment to view for yourself! No sign on property.
