Description
Excellent turnkey SECTION 8 income-producing property generating $2,700 in guaranteed monthly gross income. Beautifully renovated and set up like a duplex, with the landlord covering utilities. This is a great opportunity for savvy buy-and-hold investors to leverage with a loan, net a monthly profit, and gain equity. The seller will significantly buy down the interest rate for the entire duration of the loan, ensuring a positive cap rate. Additionally, the seller is contributing $5,000 towards closing costs and offering a complimentary one-year home warranty. Please reach out to the listing agent to request a comprehensive financial analysis.
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Excellent turnkey SECTION 8 income-producing property generating $2,700 in guaranteed monthly gross income. Beautifully renovated and set up like a duplex, with the landlord covering utilities. This is a great opportunity for savvy buy-and-hold investors to leverage with a loan, net a monthly profit, and gain equity. The seller will significantly buy down the interest rate for the entire duration of the loan, ensuring a positive cap rate. Additionally, the seller is contributing $5,000 towards closing costs and offering a complimentary one-year home warranty. Please reach out to the listing agent to request a comprehensive financial analysis.
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