5-bedroom, 1-bath tenant-occupied house. Excellent cash flow, underwrites to a 7.5% cap rate after adjusting property taxes upward for new ownership. This property generates $3,395 in monthly rent ($40,740 gross annual rent) and the current lease runs through July 2026. Tenants pay all utilities for low operating expenses Four point inspection report available.
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Last Updated: . Source: BMLS
Provided By
Listing Agent: Jesse J Bailey (#20013118)
Listing Office: 49 Units, LLC (#276623809)

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