This single-family colonial-style investment property features 3 bedrooms and 1 full bathroom. It is located in one of the city’s most affordable areas, which has seen recent investor activity driving gradual improvements! There is a substantial demand for rentals in this region, making long-term ownership a popular choice! Current trends… Read More indicate stable tenancy, and the property offers immediate income from a long-term tenant paying $800 per month on a month-to-month lease, with potential for a rent increase! Situated in a low-cost, high-yield market, this property presents a solid opportunity for investors seeking appreciation through targeted upgrades. While it requires a complete cosmetic rehab, this can be deferred to current tenancy. Additionally, the interior and mechanicals will require deferred maintenance and updates. The property has a strong foundation, steady income, and significant potential for increased market rent. This investment is being sold as-is with a tenant in place, making it an excellent opportunity to build equity and enhance cash flow in a rapidly evolving submarket! Don't miss out on this solid opportunity! Reach out to learn more! Read Less
Courtesy of RE/MAX Haven Realty and Michael Azzam
Listing Snapshot
Days Online
15
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Lot Size
0.08 Acres
Year Built
1921
MLS Number
5136141
30 Days Snapshot Of 44108
$605k
0%
(avg) sold price
2
+100%
homes sold
69
+137%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full
Building
Built in 1921, Architectural style: Colonial, Construction materials: AluminumSiding, VinylSiding, Levels: Two, Living area units: SquareFeet, 2
Fireplaces
LivingRoom, 1 total fireplace
Heating
ForcedAir
Laundry
InBasement
Lot
0.0758 acres
Parking
Driveway, OffStreet, Paved
Property
Patio and porch features: Covered, Porch
Roof
Asphalt, Shingle
Sewer
PublicSewer
Taxes
Year: 2024
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