Nestled on almost 4 acres of tranquil surroundings with breathtaking views, this property boasts two units - the first consisting of three bedrooms and two bathrooms, and the second comprising two bedrooms and one bathroom. With a fantastic monthly rental income of $4,200, this property is truly a gem. The property can be bought individually or as part of a package deal along with other listings in the portfolio. The sellers are willing to offer a discount for the purchase of the entire portfolio. With a net operating income of $412,668, the cap rate for this property is impressive. The properties have been well-maintained and were completely remodeled with high-quality materials, minimizing the need for maintenance. Furthermore, the leases come with double to triple deposits, providing an added advantage. The rental history is excellent with very few vacancies. There is also an opportunity to increase the value of the portfolio through the addition of ADUs. MLS listing #s included in the portfolio 223021719,223021624,223020949,223020889,223020935,223020910
Listing courtesy of Big Block Realty North.
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