• This property has a pending offer.
Turn Key Section 8 Property with Long term tenant of 10 years. Catch is property will be sold vacant. Current tenant is paying $500/mo, the lease will expire on Feb 2022. This rent is low due to it being rented to a family member. Market rent is around $800 +/ - . We will provide more of what we know about the property. However, Please conduct your own due diligence. This property is in good condition as far as we know. It is currently a section 8 rental which has to pass an annual inspection to maintain status of a Section 8 Rental property. The property contains a composite roof, gas furnace & window-type unit for AC. The hot water heater is 2 to 3 years & It is up code. Electrical and plumbing was also updated over the years. Property contains Hardwood floors that are vinyl in the laundry room, living room, dining room, & kitchen. Also has 9 ft ceiling. This property offers a lot of potential and is worth adding to your portfolio!
•Built in: 1930
•APN: 29 00 09 1 002 010.000
•Lot size: 0.161 Acres
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