Description
This is an investors dream! Cash flowing right now! 7 units renting for $500 per unit. Utilities included and bills are around $800 monthly. Roof replaced in May. HVAC system works like a charm. 6 rooms rented with 6 month leases. The crawl space was fitted with a moisture barrier and regular pest inspection and treatment done. Private parking in the rear of the house. Two rooms are furnished. The best thing about this property is the 10.5% cap rate!!!! Unheard of! The seller is the listing agent and is willing to maintain the property management for the potential buyer at 10%. This is the investment opportunity you have been waiting on!
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0BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This is an investors dream! Cash flowing right now! 7 units renting for $500 per unit. Utilities included and bills are around $800 monthly. Roof replaced in May. HVAC system works like a charm. 6 rooms rented with 6 month leases. The crawl space was fitted with a moisture barrier and regular pest inspection and treatment done. Private parking in the rear of the house. Two rooms are furnished. The best thing about this property is the 10.5% cap rate!!!! Unheard of! The seller is the listing agent and is willing to maintain the property management for the potential buyer at 10%. This is the investment opportunity you have been waiting on!
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Listing information © 2023 Triad MLS, Inc. All rights reserved. Listing provided courtesy of Versatile Real Estate Group: . Information deemed reliable but not guaranteed.