Courtesy of: Patricia Stalder, Mathis Lueker Real Estate, tricia@mathislueker.com
Courtesy of: Patricia Stalder, Mathis Lueker Real Estate, tricia@mathislueker.com
$75,000
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1 bed
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1.00 Bath (1 Full)
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Lot: 0.10 Acres
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Single Family Residence
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$75,000
515 S Madison Street This 1 bedroom, 1 bathroom single-family home located at 515 S Madison offers an affordable entry point for investors looking to add a cash-flowing property to their portfolio. The home is currently tenant-occupied at $525/month, providing immediate rental income from day one. Situated on a shared lot, this property will require a lot split, creating an excellent opportunity for buyers to add value through subdivision and future resale or redevelopment. With strong rental demand in the area and low operating costs, this property is well-suited for investors seeking steady income with upside potential. Whether you're a seasoned investor or looking for your next rental, this property presents a unique chance to secure an income-producing home with room to grow.
Courtesy of: Patricia Stalder, Mathis Lueker Real Estate, tricia@mathislueker.com
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