Cash-Flowing Portfolio with Over 10% Cap Rate! This outstanding investment opportunity features a portfolio of three single-family homes and one duplex, with 3/4 properties being occupied; it currently brings in $4,006/month in rent with the final unit recently turned and ready to rent for an additional $1,000+ taking this to over $5,000/month in gross rents! Tenants cover all utilities except for water/sewer at the duplex. With the final unit rented, the new owner steps into an impressive 10%+ cap rate as-is! Most properties have received significant cosmetic updates, including fresh paint, vinyl flooring, carpet, and kitchen and bathroom upgrades, ensuring a smooth transition. Professionally managed for ease of ownership, this portfolio is a turnkey gem for investors seeking strong cash flow and growth potential!

Based on information submitted to MLS Now as of January 15, 2025 7:27 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 208 Park Avenue SW

Property Details

Basic Information

Building

Location

Utilities and Appliances

Utilities and Appliances

Community

Area

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Jesse Allison Team