Description
Turnkey, income-producing Section 8 property generating $1,000 monthly ($900 through Section 8 plus a $100 tenant service fee) with a reliable, long-term tenant in place for over two years. This low-maintenance property boasts a 9.4% cap rate and offers consistent monthly income with minimal upkeep. There is a value-added opportunity for greater annual income through a Section 8 rental increase request. The property is in good condition and can be viewed upon acceptance of an offer. Please email the listing agent to request a comprehensive financial analysis.
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3BEDS
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0.19ACRES
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1BATHS
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11/2 BATHS
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1,136SQFT
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$96$/SQFT
School Information
Description
Turnkey, income-producing Section 8 property generating $1,000 monthly ($900 through Section 8 plus a $100 tenant service fee) with a reliable, long-term tenant in place for over two years. This low-maintenance property boasts a 9.4% cap rate and offers consistent monthly income with minimal upkeep. There is a value-added opportunity for greater annual income through a Section 8 rental increase request. The property is in good condition and can be viewed upon acceptance of an offer. Please email the listing agent to request a comprehensive financial analysis.
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