Posting ID : A1068524406
Date Posted : 2015-08-19
Category : Real Estate By Owner
Seeking Seasoned Investor for great investment property in Manheim Park Neighborhood. Currently rented to long-term Section 8 tenant for $850 per month, 18% to 22% return on investment with minimal management needed. Recently passed recertification!
This 4 bedroom, 2 bathroom house with full basement and central air has a fenced in backyard and all mechanicals in place. Section 8 Inspection recently completed, very little annual maintenance required. Tenant is vacating at the end of the month for personal reasons. Opportunity to increase the rent for a greater return on investment.
Owner financing available with $10,000 down payment. $5,000 discount available for cash buyer who can close within 10 days!