Income-producing opportunity ideal for a first-time or long-term investor. Property has a long-term tenant in place since 2019 with a current lease through September 30, 2026 at $1,035 per month, allowing for immediate cash flow from day one. Hardwood floors throughout. Value add opportunity if tenant vacates in the future. Rent is currently below market value due to long term tenancy.
Major updates include fresh exterior paint, HVAC replaced in 2019 with 10-year parts warranty, new exterior sewer line in 2023, new water heater in 2024, and new range in 2025. Window units belong to the tenant. Situated on a larger corner lot.
Professional property management is currently in place and may continue with the new owner. Seller is offering three months of free property management if buyer retains current management company.
SELLER FINANCING OR 'SUBJECT TO' WILL NOT BE CONSIDERED.
Listing agent is related to the seller