Description

Newly and completely renovated home in lake neighborhood. Highly desirable area close to Northside hospital, schools, grocers, restaurants and more. These are fully furnished units listed on Furnished Finder that rent immediately when they come available. Tenants are transient workers like nurses and project managers, or families needing temporary housing for various reasons. Main house rents for $2,850. It is 1,800 sq ft and currently set up as a three bedroom plus office room (which is actually a fourth bedroom). Garage studio below rents for $1,195 and is 310 sq ft. Both have their own fully stocked kitchens and washer/dryer combo units. Gross income is $48,500, NOI $39,500, and cap rate 8.5%. These units do not list as short-term rentals, owner rents only for a minimum of 30 days.