Gold mine. Turnkey cash cow. Currently rented at $1,544/mo through CMHA Section 8. Government-backed cash flow from day one. Stable and happy tenant since Sept. 2024. Tenant is cooperative, very communicative, employed, and low-maintenance. Rent increase request eligible around July 2025, giving additional upside potential. Tenant has stated they wish… Read More to stay in the house. Strong lease is transferrable and very owner-protective. Turns month-to-month on 9/18/25, giving buyer complete flexibility should they wish to non-renew. Remodeled and updated: Select new double-pane vinyl windows, new appliances (convey), updated bathroom, new plumbing, partial electrical upgrades, new light fixtures, maintenance-free wood floors, newer LVP flooring, newer paint throughout, cleared fenced yard. Foundation perimeter scraped and resealed inside and out. Passed lead-based paint testing. Situated on a quiet stree with a mix of owner-occupants and well-managed investor properties. Low CapEx, government-backed guaranteed income, fully stabilized, immediate cashflow, upside built in, responsible tenant. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS. Read Less
Courtesy of Team Results Realty and Scott A Marvin
Listing Snapshot
Days Online
11
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Lot Size
0.08 Acres
Year Built
1910
MLS Number
5131930
30 Days Snapshot Of 44108
$705k
+24%
(avg) sold price
2
+100%
homes sold
36
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range, Refrigerator
Basement
Full
Building
Built in 1910, Architectural style: Traditional, Construction materials: Brick, VinylSiding, Levels: Two, Living area units: SquareFeet, 2, 2 total stories
Fireplaces
1 total fireplace
Heating
ForcedAir, Gas
Lot
0.0844 acres
Parking
None
Roof
Shingle
Sewer
PublicSewer
Taxes
Year: 2024
Windows
DoublePaneWindows, InsulatedWindows
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