Description
Huge colonial featuring an enclosed front porch, fireplace in living room, built in custom cabinets in dining room, large attic for additional space, 3 bedrooms located on the 2nd floor along with a spacious full bath, a full unfinished basement with extra storage rooms and a partial bathroom, plus a 2 car garage. Current Section 8 tenant is long term providing stable, on-time rental income, offering a hassle-free ownership experience. Tenant also pays for all utilities. The lease is month-to-month, giving the new owner full flexibility to renew, adjust rent, or reposition the property as desired. This property offers just the type of steady cash flow investors seek, with strong potential cap rate and growth opportunity.
-
3BEDS
-
0.11ACRES
-
1BATHS
-
11/2 BATHS
Description
Huge colonial featuring an enclosed front porch, fireplace in living room, built in custom cabinets in dining room, large attic for additional space, 3 bedrooms located on the 2nd floor along with a spacious full bath, a full unfinished basement with extra storage rooms and a partial bathroom, plus a 2 car garage. Current Section 8 tenant is long term providing stable, on-time rental income, offering a hassle-free ownership experience. Tenant also pays for all utilities. The lease is month-to-month, giving the new owner full flexibility to renew, adjust rent, or reposition the property as desired. This property offers just the type of steady cash flow investors seek, with strong potential cap rate and growth opportunity.