2065 Morehouse Drive NW

Investors and owner-occupants, this fully renovated single-family home, designed like a duplex, offers a rare opportunity with guaranteed rental income and $25,000 in built-in equity. With a certified appraisal value of $350,000, this property provides immediate returns and long-term appreciation potential. Unit A is currently occupied by a Section 8 tenant generating $1,250 per month, while Unit B, an in-law suite, has been approved for $1,650 per month through a state program. The property features two separate gas meters for easy tenant management, and a new HVAC system is being installed in Unit B. With a total rental income of $2,900 per month, this investment delivers a 15% annual cap rate with a 30-year mortgage. To provide additional peace of mind, the seller is including a one-year home warranty. Whether you're looking for passive income or a way to offset your mortgage, this is a turnkey opportunity that won’t last long. Schedule a showing today.