1503 CARMEL Boulevard

Description

The home currently generates an impressive $26,000+ P.A. income under a 1 year lease, offering a strong investment opportunity. The lease expires in December of this year, though could potentially be extended further to generate an investment income. The property is nestled amongst tall legacy cedar trees in this imposing oversized corner lot. With 4 / 5 beds and 2 full baths with spacious en-suite walk in master dressing room, this century old, modernised farmhouse is set back from a quiet road with new updates throughout. Think whiling away long summer evenings in the huge rear garden with patio and fire pit whilst surrounded by 7 ft. tall privacy fencing. Inside, the house has been completely re-painted throughout only 4 months ago. Hardwood floors and stairs have been careful sanded, re-varnished and restored like new throughout. The kitchen cabinets have been re-decorated with new granite worktop, new faucet, new fridge / freezer and new oven. The house is being sold 'as is'. Both first and second floor bathrooms have been completely re-modelled. The attached two car garage makes parking a mere formality with access straight into the home from the private drive. A highlight of this home is the massive vaulted master bedroom with walk through dressing room (which could easily be converted into another bedroom) with extensive integrated eave storage on both sides. The garage doors have recently been serviced with a new security keypad and transponder. The property also benefits from new lighting throughout. New security grade steel doors on both side and front entrances have been further reinforced with new steel security screens for added peace of mind. In the basement, there is a new water heater and newer washing machine and dryer. Strengthening works replaced the main supporting beam spanning the basement ceiling with a new steel 'I' beam and additional jack supports to replace the existing wooden beam. This work comes with a warranty from Acculevel that is assignable to the incoming purchaser. Further modernisation of the structure includes carbon straps with bottom anchor and kneck tie, again from Acculevel with a LIFE OF THE STRUCTURE CARBON FIBER STRAP TRANSFERABLE WARRANTY to the incoming purchaser. Collect the income from this residence for the deposit on your next investment property or start planning the move-in date with your family for this updated, charming and impressive farmhouse.

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