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$579,990
5 Beds 3 Baths SR26154287 MLS Active Status
Exceptional investment opportunity in the heart of Lancaster! 44636-44640 Cedar Ave is a well-maintained duplex offering immediate income potential, strong rental demand, and future value-add opportunities. With two separate units on one lot, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking to offset their mortgage with rental income. Unit 44636 is a fully renovated 2-bedroom, 1-bathroom residence offering approximately 908 sqft of living space, garage is 486 sqft. Recent improvements include a new roof, new windows, new carpet and flooring throughout, updated lighting fixtures, granite countertops, new cabinetry, and a completely rebuilt garage. Currently vacant, this move-in-ready unit presents an excellent opportunity to secure a tenant at current market rents or occupy the unit yourself. Unit 44640 features 3 bedrooms, 1 bathroom, and approximately 1,512 sqft of living space, garage is 726 sqft. The unit is currently leased to a long-term tenant on a month-to-month basis, generating providing stable and consistent rental income from day one. Further enchanting the property's appeal are the detached garages, which may offer potential for ADU (Accessory Dwelling Unit) conversion. Whether you're seeking dependable cash flow, an owner-occupant opportunity, or a property with long-term upside, this versatile duplex combines recent upgrades, existing rental income, and future development potential in a desirable Lancaster location.

44636 Cedar Avenue, Lancaster

$523,800
SR26069560 MLS Active Status
Turn-key single-story duplex offering 1,613 sq. ft. of living space on a 6,098 sq. ft. lot in Lancaster! Each unit features 2 bedrooms and 1 bathroom and has been fully remodeled with modern upgrades throughout. Interiors include luxury laminate flooring, fresh interior paint, new baseboards, updated hardware, and soaring ceilings that provide abundant natural light. Both kitchens have been completely renovated with new cabinetry, quartz countertops, stainless steel sinks, and stainless steel appliances, including refrigerators, stoves, washers, and dryers. Bathrooms have been tastefully upgraded with custom tile showers featuring oversized shower heads and built-in shelving, along with new vanities, mirrors, lighting, and toilets. Additional improvements include new energy-efficient windows, individual A/C systems for each unit, a new roof, and freshly painted exterior. The property also features a two-car garage and a spacious lot. Ideal opportunity for an owner-occupant to live in one unit and rent the other, or for an investor seeking a fully renovated, income-producing property. Turn-key and ready for immediate occupancy. Call today for your private showing!

45445 Cedar Ave., Lancaster

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