
Description
Cash flow dream boat! Exceptionally well organized, well maintained, and high performing investment property. 8 Central Ave is a charming two-unit, 9 bedroom home on a quiet block steps from the Mt St Mary's campus-- and it is also an investor's dream. The current owner is a true professional who has perfected the art of responsible, respectful, hands-free student housing. Tidy and conscientious student roommates have pre-leased tenancies through 2024, a handyman is on call, the students pay via electronic direct deposit-- the balance of the universe has been restored! Seller is willing to pass all systems to new owner, including handyman contact and Mt St Marys alumnus leasing agent. Proforma and detailed financials are available for review--over 76k in rental income this year, and that's not a typo!
-
9BEDS
-
0.14ACRES
-
0BATHS
-
01/2 BATHS
-
3,520SQFT
-
$199$/SQFT
School Information
Description
Cash flow dream boat! Exceptionally well organized, well maintained, and high performing investment property. 8 Central Ave is a charming two-unit, 9 bedroom home on a quiet block steps from the Mt St Mary's campus-- and it is also an investor's dream. The current owner is a true professional who has perfected the art of responsible, respectful, hands-free student housing. Tidy and conscientious student roommates have pre-leased tenancies through 2024, a handyman is on call, the students pay via electronic direct deposit-- the balance of the universe has been restored! Seller is willing to pass all systems to new owner, including handyman contact and Mt St Marys alumnus leasing agent. Proforma and detailed financials are available for review--over 76k in rental income this year, and that's not a typo!
Related Properties
© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2022-05-28T09:16:46.3.