Incredible investment opportunity at TU with a projected cap rate of 7.5%+. This large turnkey single family rental has a lease in place at $1500 through July 2023. Market rent is estimated at $1650 or higher. There is significant room to increase rents over the next several years as the area continues to develop. The property is located just a few blocks from Temple's main campus and is surrounded by new development. Matterport virtual tour is available, which was taken prior to the tenant moving in. Tenant pays all utilities.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 2nd December, 2023 5:19 AM (UTC)