About The Property

Excellent investment opportunity for investors seeking immediate rental income! This condo is currently in the process of being tenant occupied through the HUD Program which guarantees Market Value Rent, providing the investor with a reliable income stream from day one. The unit will generate $1,700 dollars per month in rental income. Stainless steel appliances will be installed in the kitchen enhancing the unit's appeal and value. Additional features include in-unit washer and dryer hookups, offering convenience for tenants and added marketability. With an existing tenant, guaranteed market-value rent, and desirable updates underway, this property offers a compelling opportunity for both new and experienced investors looking for a cash-flowing condo.
Courtesy of Coldwell Banker Realty [email protected]
Listing Snapshot
Days Online
0
Last Updated
Property Type
Townhouse
Beds
2
Full Baths
1
Square Ft.
1,500
MLS Number
12745090
Agent profile image

Additional Details

Explore more property details

Basement
None
Building
Area: 1500, Construction Materials: Brick, Rebuilt: No
Cooling
None
Accessibility Features
No
Heating
Natural Gas
Home Owner's Association
Dues: $593, Dues Frequency: Monthly, Dues include: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Lot
Dimensions: 10868
Sewer
Public Sewer
Utilities
Water Source: Lake Michigan, Public
Taxes
Annual Taxes: $1,345, Year: 2024, Exemptions: None
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
30 Days Snapshot Of 60649
$192k
-3%
(avg) sold price
9
-59%
homes sold
42
+7%
(avg) days on market
Snapshot
Area Map
Mortgage Calculator
Monthly Payment
$0

Schools In The Area

Check out nearby schools with ratings and contact info.

Discover

Similar Listings

View More Listings

IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.