Property Description

This property is part of a 5-property portfolio, offering 4 single-family homes and 1 duplex in the Payne/Phalen and Dayton's Bluff neighborhoods. MLS #s available upon request. List price reflects the standalone value; portfolio purchase offers approximately an 8% discount, with a total portfolio price of $1,285,000 and an estimated 10% CAP based on current information. This two-bedroom, two-bath bungalow is currently leased on a month-to-month basis for a base rent of $2158, with the current tenant vacating 5/31/26. The charming original features include hardwood floors, curved archways, and numerous windows. Partially finished basement with a family room and three-quarter bath. Newer water heater. It is possible the seller would consider an owner-occupant buyer, with the understanding that the home could use some improvements and that it is being sold as-is.

Property Features

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