Property Description

Turn-key investment opportunity with strong cash flow from day one! This beautifully updated, 3-unit property at 249 Parkway is a premier find for investors seeking robust yields in a strong rental market. With an outstanding rental history, this property offers immediate, reliable cash-flow and is the perfect addition to any real estate portfolio. Unit 1 (occupied) greets you with a charming covered front porch and offers a spacious layout featuring a large kitchen, comfortable living room, 3 bedrooms, and 1 full bathroom (currently generating $1,250/month on a steady month-to-month lease). Unit 2 is located on the side of the home and includes a kitchen, living room, 2 bedrooms, and 1 full bathroom. Unit 3 is positioned upstairs at the rear of the property, offering a dedicated kitchen, an open living/dining area, 2 bedrooms, and 1 full bathroom. Both Unit 2 and Unit 3 are currently vacant but have a proven history of commanding $1,000/month each. Peace of mind is built right in: each unit features fully separate utilities and a current Certificate of Occupancy (C of O). With a total potential monthly gross income of $3,250-translating to a Gross Annual Rental Income of $39,000 when fully occupied. Delayed Negotiations until October 26th at 12:00 pm.

Property Features

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