612 Homestead Rd
Listing Notes
Turnkey Duplex - Cash Flow from Day One! Welcome to 612 Homestead Road, a rare and desirable multi-family investment opportunity featuring two well-maintained 2-bedroom, 1-bath units, both currently occupied with stable tenants. This property offers a solid foundation of monthly income with room for growth. There's opportunity to increase cash flow over time, making this a smart buy-and-hold investment. Recent updates include high-efficiency HVAC systems and water heaters, with one unit just replaced keeping long-term maintenance costs down. The lower level offers an excellent opportunity to install coin-operated laundry machines, creating an additional income stream and increasing your return on investment. Whether you're an experienced investor or just entering the market, this property checks all the boxes: strong rental income, low maintenance, and upside potential. Opportunities like this don't come up often so schedule your private tour today and start building wealth with 612 Homestead Road.
Price in context
Cheaper than 17% of the 24 homes listed nearby right now, which run $144,900 to $290,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 414 Homestead Rd | $144,900 | 3 bd · 1.5 ba |
| 420 Homestead Rd | $149,900 | 3 bd · 1.5 ba |
| 602 Homestead Rd | $169,900 | Studio |
| 533 Homestead Rd | $175,000 | 4 bd · 2 ba |
| 434 Homestead Rd | $185,000 | 3 bd · 1.5 ba |
| 1652 Coleman St | $189,000 | 4 bd · 1.5 ba |
| 1654 Coleman St | $195,000 | 4 bd · 1 ba |
| 225 Alban Dr | $199,999 | 3 bd · 1.5 ba |
| 424 Homestead Rd | $200,000 | 3 bd · 1.5 ba |
| 238 Alban Dr | $210,000 | 3 bd · 1.5 ba |
| 1611 Bonwood Rd | $215,000 | 3 bd · 1.5 ba |
| 236 Alban Dr | $215,000 | 3 bd · 1.5 ba |
| 607 Homestead Rd | $220,000 | 4 bd |
| 605 Homestead Rd | $220,000 | 4 bd |
| 1621 Bonwood Rd | $220,000 | 4 bd |
| 605 Homestead Rd | $229,000 | 4 bd · 2 ba |
| 601 Homestead Rd | $229,000 | 4 bd · 2 ba |
| 218 Alban Dr | $229,900 | 3 bd · 1.5 ba |
| 1524 Bonwood Rd | $236,500 | 3 bd · 1.5 ba |
| 1504 Bonwood Rd | $239,900 | 3 bd · 1 ba |
| 607 Homestead Rd | $275,000 | — |
| 1521 Bonwood Rd | $279,900 | 3 bd · 1.5 ba |
| 633 Homestead Rd | $280,000 | — |
| 1635 Bonwood Rd | $290,000 | — |
Where it is
For sale Coming soon Recently sold— zoom out for more