3 Property Portfolio with Strong Rental Income! These are being sold together ONLY. Investor opportunity in Cedar Hill! 161 Hood St is being offered as part of a 3-property rental portfolio only, together with 163 Hood St and 309 S Main St. Seller will not consider individual property offers.… Read More See attached Exhibit A supplemental document for the additional portfolio properties included with this offering. Portfolio is currently producing $4,800 per month in scheduled rental income, or $57,600 per year in gross scheduled rents, based on current lease information. 161 Hood features an occupied single-family rental with in-place lease income and a rear shed area that includes a one-bedroom apartment setup. For the right investor, additional improvements such as plumbing updates, utility separation, split meter work, and any required permits or approvals may create an opportunity to further improve income potential. P&L statements for the last 12 months, seller disclosures, leases, and additional portfolio documents are available in MLS supplements. Buyer and buyer’s agent to verify all details. Rear shed or workshop contains a one-bedroom apartment setup; seller makes no representation regarding permitted status, separate utility capability, habitability, or future rent potential. Buyer to perform all due diligence. Showings to be coordinated with tenant notice and or as agreed by seller. Read Less
Courtesy of VIP Realty, Calvin Lyman.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
1,623
Lot Size
0.21 Acres
Year Built
1960
MLS Number
21251054
Additional Details
Property Access
Road surface type: Asphalt
Appliances & Equipment
GasCooktop, GasOven, GasWaterHeater
Building
Built in 1960, Architectural style: Traditional, Detached, Construction materials: WoodSiding, Levels: One, 1, Structure type: House
