9 % Cap Rate! $54,900 annual income. Excellent investor opportunity. NOT your typical student rental. Truly immaculate, spotless, very well managed and well cared for interior. 2 homes on this property located 1 block to University. Main home offers fully rented, 8 furnished bedrooms that rent for $450 each, 3 baths & spotless common living spaces. This property is organized, well managed and the tenants love it. Assigned cupboards and storage. Coin laundry facility. No hassles. Fully rented for past 2 years. 2nd home built in 2003 is 2 bedrooms, 1.5 baths and is rented for $900. Also great situation for homeowner to have excellent private home with awesome income producing property.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
