Budget Section 8 Occupied Rental pulling $1030/mth Rents For Sale

  • $99,900
  • 2 beds
  • 1 baths

Secure an entry level tenant occupied investment property with straightforward, high-yield cash flow!

💰 Immediate Revenue Stream: This property is currently occupied by a long-term (21yrs!), reliable Section 8 tenant, generating a consistent $1,030 per month in rental income.

✅ Dependable Rental Payments: Experience peace of mind as the substantial portion of the rent is directly covered by the subsidized program, complemented by a reliable $159/month contribution from the tenant.

📈 Attractive Return: Priced at $99,900, this investment offers a compelling return profile.

👌 Enduring Stability: The current Section 8 tenant has been a resident since 2004 and intends to remain long-term, providing unparalleled rental stability and minimizing vacancy concerns.

Key Advantages of This Property:

💰 Strategic Acquisition: Acquire an asset with an established, enduring tenant, ensuring a consistent revenue flow from day one.

👌 Mitigated Risk: The significant contribution from the voucher program for rent payments substantially reduces typical tenant payment risks, guaranteeing a predictable and steady income.

Investment Upsides:

  • Achieve low vacancy rates through a stable, long-term tenancy.
  • Simplify property management with a consistent, reliable income source.
  • Leverage the robust demand for affordable housing in the Baltimore market.
  • Expand your portfolio with an affordable, income-generating asset.
  • Own an appreciating property, building long-term wealth.

 

Price:
$99,900
Address:
3425 Elmora Ave
Baltimore, MD 21213
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Row-house
Const. Type:
Brick

Call (919) 675-2747 for more details

Property Location