Property Description

OPEN HOUSE SAT 6/6 from 11AM-12:30PM **VALUE-ADD & UPSIDE OPPORTUNITY ** 723 Kennington Ave delivers the kind of built-in value today's buyers are hunting for. With a long-term, quiet lower tenant of 20+ years paying $550/month plus utilities well below market for a 3-bedroom unit~ this property offers immediate income with clear upside for an investor ready to raise rents over time. For an owner-occupant, it's an ideal house-hack: live affordably in the bright, spacious upper unit while your established tenant helps cover a significant portion of your mortgage from day one. The home itself is a solid 3/3 double with separate utilities, high ceilings, updated windows in the upper, a walk-up attic with expansion potential, and a full basement with laundry hookups for each unit. Outside, enjoy a large front porch and rare off-street parking for 3+ cars~ an undeniable advantage in the city. Located near Kensington Ave and Bailey Ave conveniences, with quick access to ECMC, UB South, the airport, and major routes, this property blends immediate income, long-term upside, and functional space in a steady rental market. Whether you're building a portfolio or stepping into homeownership with help from a tenant, the value is already here and the potential is even greater.

Property Features

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