3 beds | 1.5 baths | 0.19 acres | #7430915
Description
Turnkey, income-producing Section 8 property generating $1,000 monthly ($900 through Section 8 plus a $100 tenant service fee) with a reliable, long-term tenant in place for over two years. This low-maintenance property boasts a 9.4% cap rate and offers consistent monthly income with minimal upkeep. There is a value-added opportunity for greater annual income through a Section 8 rental increase request. The property is in good condition and can be viewed upon acceptance of an offer. Please email the listing agent to request a comprehensive financial analysis.
Property Details
- SubdivisionCROSSROADS AT MULLICA
- Sewer InformationNo Sewer System
- BasementDirt Floor
- MLS #1001799886
- MLS #1001799886
- Property TypePurchase
- Cost8600000
- Acres86.00
- Utility SourceOther
- Year Built1920
- Property SubtypeFarm
- Taxes Annual$0
- Bedrooms3
- Bathrooms1
- Full Baths1
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Gabriel Bettsack (#BETTSACK)
Listing Office: Keller Williams Realty Atl North (#KWEC01)
Listing Courtesy (Buyer)
Buyer's Agent: D Hawkins (#DAWANDAH)
