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Four 2/1 homes for sale on the same street. A rare chance to secure a strong, compact rental portfolio with great cash flow potential. The properties are on City Water & Sewer.
Currently Rented for: $2,850
Rent Estimate: $4,400
2839 Edison Ave: 588 sq ft, HVAC 2015, currently rented for $950/month. Tenant has been in place for 3 months and is month-to-month, with no lease and open to a rent increase.
2845 Edison Ave: 740 sq ft, roof 2017, tenant paying $900/month. Tenant has been in place for 4 years and is month-to-month, with no lease and open to a rent increase.
2837 Edison Ave: 684 sq ft, HVAC 2019, currently vacant.
2841 Edison Ave: 630 sq ft, newer (non-permitted) HVAC, now rented out for $1,000/month on a one-year lease.