223 Groom Street

About this home

New roof to be installed prior to closing, otherwise sold as-is. Excellent investment opportunity with immediate cash flow and strong upside potential. This tenant-occupied property is currently leased at $980/month, offering a clear path to increased returns with estimated market rent of approximately $1,350/month+ upon turnover. Or renovate for an expected ARV of $270,000. The current tenant has occupied the home for more than 15 years and has maintained the property well, both inside and out. The property features a spacious detached garage/workshop, ample off-street parking, a fenced backyard with mature shade trees. To respect the tenant's privacy, the property is being offered with no interior showings prior to an accepted contract. Buyers will have the opportunity to inspect the interior during the inspection period. This is an ideal opportunity for investors seeking a stable, well-maintained rental with excellent long-term income potential.