Occupied Investment — 10.2% Gross Yield / 8.96% Cap Rate 3BR/1.5BA rowhome, fully occupied with a reliable, long-term tenant in place. Lease runs through 11/30/26 at $1,942/month ($23,304/year), tenant-paid utilities — a 10.2% gross yield and confirmed 8.96% cap rate at the $229,000 list price, income starting day one with no vacancy gap. Finished lower level with half bath offers additional flex space — laundry, storage, or living area beyond the main 3BR/1BA footprint. Classic brick-front rowhome construction in a stable rental corridor. Priced for investors seeking stabilized occupied income. Interior condition reflects an active, long-term tenancy — a straightforward hold for a landlord comfortable with a lived-in property, not a renovation flip.
Listing courtesy of Cummings & Co. Realtors. Contact: (410) 823-0033
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