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Updated almost 9 years ago on . Most recent reply

User Stats

71
Posts
7
Votes
Norman Whitley
  • Investor
  • Greensboro, NC
7
Votes |
71
Posts

Cash Producer Section 8 Rental Property

Norman Whitley
  • Investor
  • Greensboro, NC
Posted

4 bedroom 2 bathroom SFH that needs some cosmetic repairs (7k in reserves). This SFH will be and great investment. The SFH has 3 bedrooms 2 bathroom with den, which is currently used, as a bedroom (which makes 4th bedroom). The current tenant in the property is receiving section 8 and loves living in the property. This SFH is owned free and clear with no mortgage. The property will be a cash flow producer for any landlord investor.

Detail
4 bedroom
2 bathroom
2,018 sq. ft.
Built 1985
Taxes $1,161.05
 
Features
-w/d hookup
-big floor plan
-access to transportation

(Notes): This property can be converted into a duplex with two of the rooms with bathroom and  a kitchen downstairs.

Offering

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