Incredible cap rate, turn key rental opportunity. Fully leased, 3 bed 1 bath tenant paying 1000 a month, 2 bed 1 bath tenant paying 1400 a month plus bonus detached room in the back rented for 300 a month as storage. all leases are verbal and month to month. Owner pays water and electric . This property is distressed, being sold as-is. Seller does not and never has lived in the property, buyer to do due diligence. unrepresented buyers will be appointed an agent other than listing agent so please contact your agent of choice for info. Owner does not keep any documentation nor will he provide anything other than sdn and lbp. No showings without executed contract, no exceptions. Property will not qualify for FHA or VA financing.
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