Unlock a hassle-free, high-return investment income with this 100% Guaranteed Rental!
- 💰Instant Cash Flow: Currently tenant-occupied with a reliable Section 8 tenant, generating $1,700 per month in rental income.
- ✅ 100% Guaranteed Rents: Enjoy peace of mind with 100% of the rent paid directly by the subsidized program. No tenant payment worries!
- 📈 Strong ROI: At $159,900, this property offers a compelling return on investment at a 9% Cap Rate.
- 👌 Stable Income Stream: Section 8 tenants provide long-term stability and reduced vacancy risks.
- 🏡 Recent Renovations: Recently the property has received paint throughout, new flooring & countertops in the kitchen & dining room, new carpets upstairs, new windows where needed, updated bath & replaced subfloors, new hot water heater, new plumbing main drain line and clean out in the back yard.
Why This Property Stands Out:
- 💰 In the surrounding Poplar Grove area, occupied rentals in this rent range list for higher prices, making this a smart acquisition with built-in equity.
- 👌 The assurance of 100% voucher-paid rents eliminates the common risks associated with tenant payments, ensuring consistent and predictable income.
- 🎓 This property is walking distance from Coppin State University, The Maryland Zoo, Druid Hill Park, and Gwynn Falls Park (the 2nd largest woodland park in the United States!). These long term anchor points will assure & sustain long term property appreciation.
Investment Benefits:
- Minimize vacancy rates with stable, long-term tenancy.
- Reduce management headaches with reliable, guaranteed income.
- Capitalize on the strong demand for affordable housing in the area.
- Build your portfolio with a solid, income-producing asset.
- Own an appreciating asset, generating long term wealth
Comparable Sales:
1626 Poplar Grove St sold 03/2025 for $190,000
2810 Presbury St sold 02/2025 for $185,000
2912 Brighton St sold 01/2025 for $200,000
