GREAT INVESTMENT OPPORTUNITY - First year ROI and Cash-on-Cash returns approaching 9% and 10% respectively, and returns only get better year over year, Start or add to your investment portfolio with this affordable Stowe area brick twin in move-in condition, with current rental license and recently passed rental inspection - Neutrally painted, good sized rooms, A nice layout begins with a bright enclosed heated porch with hardwood floors, ceilings and built-in bookcase, Plenty of room with open concept living and dining rooms, Eat-in kitchen with wood cabinetry, GE range, stainless steel double sinks, Features include 5 panel stained solid wood doors, 5” baseboards, crossheads, clawfoot tub, some newer vinyl windows, Full basement with laundry hook-ups, utility sink and Bilco door access, Attic access, Warm quiet efficient hot water heat, Updated electrical panel, Private rear yard with patio, and a full size 1-car garage, Area section 8 rents for 3-bedroom homes are currently $2,256.00 - after utility expense adjustments the home will net $1,900+, and $100 more per month for the garage - a total of $2,000+ per month, OWNER OCCUPIERS - take advantage of declining mortgage rates and lower down payments to get your foot in the door and OWN FOR LESS THAN RENTING, build equity and maybe even convert your primary home into your first investment property.
Listed by:
Keller Williams Real Estate-Blue Bell
Source:
BRIGHT MLS
Date | Days Ago | Event | New Price |
---|---|---|---|
Jan 3, 2025 | 2 mos ago | Price decreased6,000 (3%) | $199,000 |
Nov 24, 2024 | 3 mos ago | Price decreased10,000 (5%) | $205,000 |
Nov 5, 2024 | 4 mos ago | Price decreased10,000 (4%) | $215,000 |
Oct 24, 2024 | 4 mos ago | New on market | $225,000 |