1957 Park Lane

About this property

Instant cash flow opportunity! Add this adorable brick bungalow to your rental portfolio and gain income right away. Property is in good condition, was rehabbed in 2009 with vinyl plank and ceramic floors, updated kitchen and bath, light fixtures, etc. and has been well maintained by current landlord ever since. Vinyl plank throughout main level except for kitchen which is ceramic tile. Nice fireplace in living room. Basement/garage combo with private driveway. Large, fenced backyard, near major intersections and many amenities such as grocery stores, banks, police station, etc. all within 5-10 minutes. This home is occupied, please don't disturb tenant who has lived there many years. Due to long-term tenant who rents through Section 8, $775 rent is significantly below market ($1000-$1224 per Zillow). Current lease expires next February, 2027. Tenant pays all utilities except for MSD. Please note that all personal property including appliances are owned by tenant. House is being sold in current, as is condition. No repairs, warranties, disclosures or inspections provided by Seller. Proof of funds dated within last 30 days must accompany offer. This is not a foreclosure or short sale, landlord just looking to reduce inventory.