GREAT INCOME-PRODUCING SECTION 8 RENTAL OPPORTUNITY!! Turnkey and income-producing from day one. This property is fully leased with an ACTIVE Section 8 tenant generating $1,350 per month, with rent paid through the Federal Housing Program. Immediate, government-supported cash flow already in place. At this price point, the property reflects a… Read More projected return approaching 20% based on current rental income and expenses - a strong opportunity for investors seeking stable, government-backed cash flow. Tenant pays utilities, helping support solid net performance. The $415/month HOA includes exterior maintenance, grounds care, snow removal, and water, creating predictable ownership costs and simplified management. Delivering strong yield with secure income already in place, this asset presents a rare opportunity at this price point. CONTACT LISTING AGENT FOR ALL INQUIRIES AND DETAILS. Read Less
Courtesy of EXP Realty Main.
Listing Snapshot
Days Online
14
Last Updated
Property Type
Condominium
Beds
2
Full Baths
1
Square Ft.
717
Year Built
1957
MLS Number
60971259
Additional Details
Property Access
Paved Street
Basement
Unfinished
Building
717 square feet, 5 total rooms, Built in 1957, Style: Condo/Apt 2nd Flr or Above
Exterior Features
Brick
Foundation
Basement
Family Room
Length: 11 feet, Width: 11 feet
Water Features
Public Water at Street
Heating
Natural Gas, Hot Water
Kitchen
Length: 9 feet, Width: 10 feet
Parking
1 Space
Sewer
Public At Street
Taxes
Amount: $2,439
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