3416 42nd

About This Property

Excellent value-add investment opportunity! The property consists of two tenant-occupied units on MTM leases currently generating stable, average market rents, offering immediate income with future upside. The front residence is a renovated 2-bedroom, 1-bath home with a private backyard and dedicated driveway providing ample off-street parking. The rear unit is a modest studio situated toward the back of the lot, complemented by a spacious yard and convenient alley access—ideal for potential expansion or reconfiguration. Additional income potential is supported by a detached garage currently leased to the front unit. The layout and lot configuration provide flexibility for investors seeking to maximize returns through redevelopment, unit expansion, or ADU addition (buyer to verify all possibilities). An excellent opportunity for investors looking to acquire a performing asset with value-add potential and long-term growth.