Description
Attention cash flow investors looking for their next single family home acquisition - With a 9+ CAP rate, this 5 bedroom 1.5 bath home checks all the boxes. Currently fully subsidized CHA rent at $1,775/month with a lease expiration date of 3/31/24. Third party management already in place and willing to stay on. Property could use approximately $5,000 to $10,000 in miscellaneous improvements but this is a great opportunity for the right investor. Property to be sold as-is.
-
5BEDS
-
0.09ACRES
-
1BATHS
-
11/2 BATHS
-
995SQFT
-
$136$/SQFT
Description
Attention cash flow investors looking for their next single family home acquisition - With a 9+ CAP rate, this 5 bedroom 1.5 bath home checks all the boxes. Currently fully subsidized CHA rent at $1,775/month with a lease expiration date of 3/31/24. Third party management already in place and willing to stay on. Property could use approximately $5,000 to $10,000 in miscellaneous improvements but this is a great opportunity for the right investor. Property to be sold as-is.
© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group.
Based on information submitted to the MRED as of 2023-01-26T19:58:04.393 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
Digital Millennium Copyright Act