Turnkey Investment Opportunity – 10% Cap Rate Introducing a true no-brainer for investors: a fully rented property generating an impressive 10% cap rate. All the major updates are already done—just step in and start collecting rent! This solid income producer features: • 2 spacious 3-bedroom units • 1 large 2-bedroom unit • 2 1-bedroom units rented to long term tenants All units have separate utilities, with the owner responsible only for water and sewer. Plenty OFF street parking available for tenants. Recent updates include: • Freshly paved driveways • Complete renovations of Units 7-2 and 5-1 • Brand-new bathroom and windows in Unit 7-1 • Newly updated kitchen in Unit 5-2 With long-term tenants in place and no issues, this property offers immediate cash flow and peace of mind. Don’t miss this chance to own a high-performing, low-maintenance property with strong rental history and built-in upside. GROUP SHOWINGS ONLY- contact agent for Saturday Aug 30 group showing schedule
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $950,000 | $234 | Keller Williams Realty-Metropolitan |
Year | Annual Amount | Description |
---|---|---|
2023 | $12,044 |
Elementary School Dr. Norman W. Crisp School | 0.7 miles away | PK - 05 | |
Middle School Elm Street Middle School | 0.9 miles away | 06 - 08 | |
Elementary School Mt. Pleasant School | 0.8 miles away | KG - 05 |