Property Information:
Turnkey income opportunity with strong returns. This single-family dwelling is currently generating over $35,000 in annual cash flow, with 2024 gross income of $49,200 and expenses of $13,436.76. Ideally located near the college, the property is set up for efficient rental use with six secured bedrooms, each with individual door codes. The main level offers two bedrooms, a shared living area, a renovated kitchen, and a 4-piece bathroom. Upstairs features four additional bedrooms, another 4-piece bath, and access to a balcony. Updates include the kitchen, furnace, central air, hot water tank, windows, insulation, siding, and roof. The sale includes furnishings and household contents, allowing for a seamless transition for the next owner. 48 hours notice required for showings. Room dimensions not available - please refer to floor plans in photos. A solid opportunity for investors seeking immediate income in a high-demand rental area. (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Basement Development:
Unfinished
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Basement Type:
N/A
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Construction Style - Attachment:
Detached
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Exterior Finish:
Vinyl siding
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Floor Space:
1500 - 2000 sqft
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Foundation Type:
Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
Dishwasher, Dryer, Hood Fan, Stove, Washer