Looking for a rental property with stable income? 218 N Marguerite Ave is a 2-bedroom, 1-bath single-family home with a tenant who has been in place for 7 years. The home is rented to a market tenant at $975/month which is below the market rate of $1050/month. Section 8 fair market rent is estimated at $1,290. If you're looking to add a rental to your portfolio without starting from scratch, this property gives you the opportunity to step into an established tenancy rather than deal with vacancy, marketing, and finding a new tenant. The property is being sold as-is, but you won't have to wonder what you're getting into. A pre-listing inspection has already been completed, giving you the chance to review the home's condition upfront and evaluate the numbers with more information in hand. View the full report in the documents section.
Listing courtesy of Terreri Team Realty LLC.
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