Courtesy of: Randy Hines, GOLD KEY REALTY & MANAGEMENT, goldkey1@aol.com
Courtesy of: Randy Hines, GOLD KEY REALTY & MANAGEMENT, goldkey1@aol.com
$165,000
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2 bed
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1,240 square feet
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3.00 Bath (2 Full , 1 Half)
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Lot: 0.07 Acres
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Townhouse
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$165,000
2215 Walnut Fair Lane Immediate cash flow potential with a market-validated rental rate of $1, 350-$1, 395/month. Currently rented at $1350 with lease expiring on 6/30/27. This well-maintained 2-bedroom, 2.5-bath townhome in the established Spring Crossing community is a ready-to-go addition to any rental portfolio. Listed at $165, 000, investors can expect a projected gross annual rental income of $16, 200-$16, 740 and an estimated gross rental yield of 9.8-10.1%. The Property: Built in 2006, this 1, 240 sq ft two-story townhome features an open-concept island kitchen, in-unit utility room with washer/dryer connections, 1-car attached garage, private deck/patio, and 2 full baths plus a half bath - a layout that commands premium rents and reduces tenant turnover. Laminate and carpet flooring throughout. Slab foundation, composition roof. *Document prepared by Seller
Courtesy of: Randy Hines, GOLD KEY REALTY & MANAGEMENT, goldkey1@aol.com
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