Overview
- Updated On:
- September 5, 2024
- 3 Bedrooms
- 1 Bathrooms
- 1,010 ft2
Description
Prime Investment Opportunity – 2505 Magazine St | 3BD/1BA | Over 1,000 Sq Ft
This 3-bedroom, 1-bath home offers over 1,000 sq ft of living space and is an ideal investment for those looking to maximize rental income. Located in a rapidly growing area, this property has strong potential for Section 8 tenants, with fair market rent significantly above the 1% rule for similar homes. Priced to sell at just $95,000, this is an excellent opportunity to secure a high-performing asset with strong cash flow.
Key Features:
-Over 1,000 sq ft of well-maintained living space
-Section 8 potential with fair market rents offering excellent income opportunities
-Easily meets the 1% rule, ensuring a solid return on investment
-Priced competitively at $95,000, making it an attractive option for investors
Whether you’re an investor looking to expand your portfolio or a buyer searching for an affordable property with great growth potential, this home offers everything you need. Act fastthis opportunity won’t be on the market for long!
- Principal and Interest
- Property Tax
- HOA fee