221 NE 21st St

Property Description

No HOA. Excellent investment property. Rented for $2,640/month. The rental income is supported by a government housing assistance program (as of February: the government pays 100% of the rent). Potential rent on renewal up to $2,820/month, based on current payment standards. Long-term tenant in place since May 2021. Lease renews 04/30/2026. Spacious Lot 6,001 Sqft. HVAC and electrical panel 2021. This property is uniquely qualified for a special program. Exclusive Lender Incentive: 1 point off the rate with my lender (e.g., if the market rate is 6%, you can get 5% with no points, plus appraisal and mortgage insurance covered for primary residents). Current management company available for seamless transition. Please do not disturb tenant or knock on the door!.