Who else has been thinking about buying an investment property and getting rental income from it? You are not alone! Many folks, including realtors and loan officers, do this! Research shows if everything goes well, you can have a direct income stream and still own the property. And if the property is maintained and fixed up, you can earn even more rental income. It can add value witthout a significant cost. That is what this property can provide a smart investor. This land has a wooded area behind it and may offer you a chance to timber it. There are 3 modular buildings on the property. Two are for single families and have 1 bedroom, 1 bath, kitchen, laundry and living room. The third one has 2 efficiency units, each with 1 bedroom, kitchen and bath. These are modular units and have permanent foundations of cinderblock. All 3 modulars are ranch style which maximizes a vast number of folks who can rent it. Property owner has received 15,000 in rental income. Good location!
Listing courtesy of eXp Realty.