4715 Shelmire Avenue

This well-maintained duplex offers an excellent opportunity for investors looking to secure a stable, income-producing property with room for growth. The building consists of two 1-bedroom, 1-bathroom units, each with efficient layouts that appeal to long-term renters. The first-floor unit features forced air heating and is currently rented at $950 per month, which is below market value. The current tenant has been in place for over 15 years, is reliable, and would like to continue renting the unit — offering immediate and consistent cash flow from day one. The second-floor unit is currently vacant and offers strong value-add potential. It is heated by a boiler system with radiators. The gas and electric utilities are currently shut off due to the vacancy. This unit is ready for a new tenant, allowing the next owner to set market rent and increase the property’s overall income. Both units are equipped with new water heaters, installed in 2023 and 2024 respectively, and have separate utilities. This property is ideal for investors seeking a dependable asset. With a long-term tenant already in place and an opportunity to generate additional income quickly, this duplex is a strong addition to any rental portfolio.