509 Cameron Street

Investors, take notice! This unique multi-unit property offers an excellent opportunity for an investor looking to generate rental income from multiple units, all conveniently located on one property. The well-maintained primary residence features 2 bedrooms and 2 bathrooms, along with its own laundry room. The home includes all kitchen appliances, and original hardwood floors are located underneath the existing carpet for buyers who prefer a more classic look. Located behind the main residence is an attached 2- level, 2 unit apartment/garage building. The first level features a 1-bedroom, 1.5 -bathroom unit, work shop and a 3-bay garage, providing additional parking for tenants. Upstairs you will find the third unit- a two bedroom, 1 bathroom unit with a partially finished kitchenette. The property has seen several recent updates, including a 4-year-old roof, new breaker box, new electrical outlets throughout the main residence, and low-maintenance vinyl siding. For added convenience and flexibility, there are two electric meters and two gas meters—one serving the main residence and the other serving the apartment/garage building. For investors looking to maximize the property's potential, the current layout could potentially be converted into a 4-unit property. The first-level workshop could be transformed into an additional 1- or 2-bedroom apartment, creating the possibility of a quadplex. Electrical and plumbing are already in place, offering a head start on a future conversion. With some TLC and the right investment strategy, this property has the potential to provide multiple income-producing units on one conveniently located property. Whether you're an experienced investor or looking for an opportunity to expand your rental portfolio, this property is for certain worth a closer look!