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Listing Details
- $144,900
- MLS# 408533
- Type Residential - Single Family
- Status Active
Listed By
Agency Name: Roberts Brothers West
Agency Phone: 251-661-4660
Shown By
Agency Title: Levin Rinke Realty
Agency Phone:
Home Value Estimate
Description
STRONG CAP RATE INVESTMENT WITH IMMEDIATE RENTAL INCOME, A LONG-TERM TENANT, AND EXTENSIVE RECENT IMPROVEMENTS. Currently producing $1,497 per month, this professionally managed 3-bedroom, 1.5-bath home offers one of the strongest income-producing opportunities in the portfolio. The current tenant has occupied the property for more than four years, creating stable occupancy and reducing vacancy risk. Major capital improvements completed in 2022 include a new roof, HVAC system, water heater, and flooring. The month-to-month lease provides flexibility while maintaining uninterrupted cash flow from the first day of ownership. Rent rolls, lease...read more
Features
- Cooktop
- Refrigerator
- Engineered Vinyl Plank
- Electric
- 1.0 Story
- $943 Taxes
- Built in 1978
Gallery
Listed By
Agency Name: Roberts Brothers West
Agency Phone: 251-661-4660
Shown By
Agency Title: Levin Rinke Realty
Agency Phone:
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