Investment Property with Long-term Tenant

Description

If you’re looking for a no-nonsense rental property to add to your portfolio, this could be it. This 2 bedroom, 1 bathroom home offers around 754 sq ft of living space and has a long-term tenant in place currently paying $350/month. The home isn’t perfect — it could use a new roof, the furnace and AC are older, and it could benefit from some general updates. However, it does have a 1-car attached garage and sits on a nice-sized lot with plenty of outdoor space. If you’re not afraid of a little work, there’s potential here to improve the property and increase future rental income. Being sold as-is with the tenant in place.Built: 19622024 Taxes: $217