Great rental with instant cash flow

This 1,037-square-foot townhouse, built in 1983, features 2 bedrooms and 1.5 bathrooms. Currently tenant-occupied with a monthly rental income of $1,675, it offers immediate cash flow for investors. The property’s rental income is below the area’s average, for a two-bedroom apartment which is $1,793 per month. This discrepancy suggests the potential for increased returns with appropriate property enhancements or market adjustments. The townhouse’s design and location make it appealing to a broad tenant base, ensuring sustained demand. Investors seeking a property with existing tenancy and room for rental growth will find this opportunity particularly attractive.