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.
-
3BEDS
-
0.19ACRES
-
1BATHS
-
11/2 BATHS
-
1,136SQFT
-
$96$/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.
Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.
If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request.
© 2024 First Multiple Listing Service, Inc. Data last updated 2024-09-12T07:08:22.143. For issues regarding this website, please contact BoomTown.