323 2nd Street NE

Description

Excellent opportunity to add a cash-flowing investment property to your portfolio, or the perfect opportunity to make this house your HOME. This spacious 3-bedroom, 2 full-bath single-family home offers approximately 1,683 square feet of living space and sits on a corner lot with a fenced-in backyard, providing both functionality and desirable outdoor space. The property is currently occupied by long-term tenants who have called this home theirs for approximately 7 years and would love the opportunity to stay, creating immediate and stable income for the next owner from day one. Current rent is $1,025 per month and has remained unchanged throughout their tenancy, presenting clear upside potential through future rent increases and improved cash flow. The home shows typical lived-in wear consistent with a long-term rental but has solid bones, a functional layout, and has proven itself as a dependable income-producing property over the years. With its spacious floor plan, fenced backyard, corner lot location, and strong rental history, this property checks many of the boxes investors are looking for. Whether you are a seasoned investor looking to expand your portfolio or a first-time investor seeking stable income with upside potential, this is an opportunity worth taking a look at. Seller recently completed an appraisal and is willing to share reports, with the property appraising at $130,000. Great opportunity you do not want to miss — call today to schedule your private showing!