Turnkey income opportunity with strong returns. This single-family dwelling is currently generating over $35,000 in annual cash flow, with 2024 gross income of $49,200 and expenses of $13,436.76. Ideally located near the college, the property is set up for efficient rental use with six secured bedrooms, each with individual door codes. The main level offers two bedrooms, a shared living area, a renovated kitchen, and a 4-piece bathroom. Upstairs features four additional bedrooms, another 4-piece bath, and access to a balcony. Updates include the kitchen, furnace, central air, hot water tank, windows, insulation, siding, and roof. The sale includes furnishings and household contents, allowing for a seamless transition for the next owner. 48 hours notice required for showings. Room dimensions not available - please refer to floor plans in photos. A solid opportunity for investors seeking immediate income in a high-demand rental area. (id:37684)
Property Details
MLS® Number
X12467459
Property Type
Single Family
Community Name
717 - Cornwall
Equipment Type
Air Conditioner, Water Heater
Features
Carpet Free
Parking Space Total
1
Rental Equipment Type
Air Conditioner, Water Heater
Building
Bathroom Total
2
Bedrooms Above Ground
6
Bedrooms Total
6
Appliances
Dishwasher, Dryer, Hood Fan, Stove, Washer, Two Refrigerators