Investors, do you want a fully occupied property that cash flows $1,500/month? This upgraded, fully occupied property is sure to provide maximum cash flow for your portfolio. The lower unit is occupied at $1,100/month on a month-to-month term, and the upper unit is occupied at $1,300/month on a month-to-month term, leaving a cap rate of over 10%! The lower unit has 3 bedrooms, the upper unit has 2 bedrooms, and the attic has an additional 2 bedrooms that can be rented with the second floor for maximum rental potential! Situated just down the street from Five Points and 1.5 miles south of the Waterloo Arts District, this is a fantastic neighborhood to acquire your next cash flowing rental. This property is fully lead certified, certification for both units are in supplements.

Listing courtesy of Jordan Marra of JAMM Real Estate Co.



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