Investing in real estate has always been a popular way to build wealth, and with the current state of the economy, it’s more important than ever to find reliable sources of passive income. If you’re looking for a solid investment opportunity, look no further than this Tennessee investment property for sale.
This property is a 4 bedroom, 1 bathroom house that has recently been updated with a new air conditioning system. The property is currently occupied by a Sec. 8 tenant who pays $1050 per month. This means that you’ll have a reliable source of income from day one.
For those unfamiliar with the program, Section 8 is a government-funded program that helps low-income families afford housing. Landlords who participate in the program agree to rent their properties to qualified tenants at a reduced rate, and the government pays the difference. This means that you’ll have a guaranteed source of income, as long as the tenant continues to qualify for the program.
One of the best things about this investment opportunity is that the property has recently been updated. This means that you won’t have to worry about costly repairs or renovations for a while. The new air conditioning system is a particularly important upgrade, as it will help keep your tenant comfortable and happy throughout the summer months.
Of course, it’s important to remember that this property is currently occupied by a tenant. If you’re interested in purchasing the property, you’ll need to respect their privacy and not disturb them. However, this shouldn’t be a problem, as you’ll be able to collect rent from your tenant without ever having to interact with them directly.
Overall, this Tennessee investment property for sale is a great opportunity for anyone looking to build wealth through real estate investing. With a reliable tenant and recent updates, you’ll be able to enjoy passive income for years to come. So if you’re ready to take the next step in your investment journey, be sure to check out this property today.
1700 WARNER, Memphis, TN 38127
