The property currently benefits from long-term tenants paying $700 per unit, providing an established rental history and immediate cash flow. There is also significant rental upside. Based on current fair market rent data and CMHA rental estimates, the units have the potential to generate approximately $1,300 per unit, nearly doubling the current rental income. For an investor, this creates an attractive opportunity to acquire a property with existing tenants while having substantial room to increase rents and improve overall income potential over time.
Estimated Payment
$ 400.90 per month $278.20 Principal & Interest $86.25 Property Tax $36.46 Homeowner's InsuranceListed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: alexysjones@kw.com, 440-694-5551
Shown By
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact
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