Gold mine. Turnkey cash cow. Currently rented at $1,544/mo through CMHA Section 8. Government-backed cash flow from day one. Stable and happy tenant since Sept. 2024. Tenant is cooperative, very communicative, employed, and low-maintenance. Rent increase request eligible around July 2025, giving additional upside potential. Tenant has stated they wish to stay in the house. Strong lease is transferrable and very owner-protective. Turns month-to-month on 9/18/25, giving buyer complete flexibility should they wish to non-renew. Remodeled and updated: Select new double-pane vinyl windows, new appliances (convey), updated bathroom, new plumbing, partial electrical upgrades, new light fixtures, maintenance-free wood floors, newer LVP flooring, newer paint throughout, cleared fenced yard. Foundation perimeter scraped and resealed inside and out. Passed lead-based paint testing. Situated on a quiet stree with a mix of owner-occupants and well-managed investor properties. Low CapEx, government-backed guaranteed income, fully stabilized, immediate cashflow, upside built in, responsible tenant. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.

Listing courtesy of Scott A Marvin of Team Results Realty



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