Turn Key Rental with a 3 year lease in place. Starting Nov. 1, 2018 ending Sept. 30, 2021. They would like to continue if a good fit. Property is leased to Oxford House Sober Living. Rent is $2,400 per month for first 2 months, then goes up to $3,500 for the next year and then is $3,400 for 2 years. This is an easy and awesome group to deal with, they will do repairs under $250 and pay all utilities. Almost a true NNN lease on a single family house. The house has 6 bedrooms, 2 upstairs and 4 in the basement. All basement bedrooms have egress windows. This is a Cap rate of apx. 7.52.
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