Description
This portfolio comprises four homes: two houses with 3bed/1bath, one house with 4bed/2bath, and another house with 4bed/1bath. What makes this portfolio appealing is the potential to increase rental income. Currently, the rents for these homes are below their market value, presenting an opportunity to raise them and generate higher returns. Moreover, the tenants bear the majority of expenses, such as utilities, trash and yard maintenance, while you would only be responsible for taxes and insurance, resulting in minimal ongoing costs. The purchase price for this portfolio is $1,350,000. Considering the potential for increased rental income and the low expenses, this investment opportunity becomes even more enticing.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This portfolio comprises four homes: two houses with 3bed/1bath, one house with 4bed/2bath, and another house with 4bed/1bath. What makes this portfolio appealing is the potential to increase rental income. Currently, the rents for these homes are below their market value, presenting an opportunity to raise them and generate higher returns. Moreover, the tenants bear the majority of expenses, such as utilities, trash and yard maintenance, while you would only be responsible for taxes and insurance, resulting in minimal ongoing costs. The purchase price for this portfolio is $1,350,000. Considering the potential for increased rental income and the low expenses, this investment opportunity becomes even more enticing.
© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-05-31T22:16:04.22.