Developer and investor gem with immediate income in place. This updated and renovated property is not just real estate, but a continuing rental business with proven cash flow. The seller will transfer the established clientele contacts with the sale, allowing the new owner to step into an already operating income-producing asset from day one. Currently, all bed spaces are fully sold out.
The owner has just installed a brand-new kitchen and added an additional living space, further increasing income potential and functionality. With 2 beds in each bedroom, the property has the potential to generate over 10,000 per month in short-term rental income, helping offset carrying costs while you plan future redevelopment or repositioning.
Located in an area undergoing major transformation, with new townhomes and apartment buildings actively rising nearby, this property offers both strong income today and tremendous upside tomorrow. Motivated seller bring your offers and lets make a deal.
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