This well-performing income property offers a strong cap rate profile and consistent operating income. Strategically located near schools, shopping, and daily amenities, the property benefits from high rental demand and stable occupancy.
Fully remodeled in 2017, the property features a rear metal building with three studio units. The main structure operates under a shared-housing model similar to PadSplit, where tenants lease individual rooms and share common living areas, kitchen, and laundry—an approach designed to optimize rental income and operational efficiency.
The property is always 75%+ occupied, professionally maintained, and turn-key ready, with an established track record of steady cash flow operations. A solid opportunity for investors seeking income stability and scalable performance.
Contact the listing agent for detailed rent roll and operating information.
Lease Term
Month-to-month4,424 Sq Ft
0.2996 Private Acres Lot Size
investment
Built in 1956
MLS/Listing ID 94106605
1 Stories
1 Units
Composition
Parking - 1 Space
Washer and Dryer Hookup
Split Plan
Fenced Area
Dishwasher
Microwave
Refrigerator
Accessible Bedroom
Patio
Heating - Natural Gas
Vinyl
Construction - Brick
Cooling - Other
Cooling - Electric
Cooling - Ceiling Fans
TOTAL MONTHLY COST
$0
$0
$0