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1402 POWHATTAN STREET

House For Sale
$119,900

BTC: 1.57763158

ETH: 47.96000000

9 days
2 bds
1 ba
506 sqft

Overview

EXCELLENT ROI!! 10.06% YEARLY R.O.I. ON FULL ASK AFTER ESTIMATED TAXES & MANAGEMENT — CAN’T BEAT THAT RETURN!! Calling all investors! This fully renovated 2-bedroom, 1-bathroom home is a turnkey, income-producing investment with a tenant already in place! FULLY RENOVATED IN 2024, this property features a new A/C unit, new flooring throughout, new drywall throughout, new windows, new interior and exterior doors, new kitchen cabinets, countertops and hardware, new shower surround, new toilet, new bathroom vanity, new ceiling fans and light fixtures, new blinds, and fresh interior and exterior paint. The home also features a newer water heater, stainless steel range and refrigerator, along with a brand-new roof installed in 2023. Best of all, the property is currently rented at $1,100 per month with a lease that does not expire until May 31, 2027, giving the new owner immediate and established rental income from day one. At the full asking price, this property offers an estimated 10.06% YEARLY ROI AFTER ESTIMATED PROPERTY TAXES AND MANAGEMENT EXPENSES! With extensive renovations already completed, major systems updated, and a tenant secured through May 2027, this is an excellent opportunity for an investor looking for a turnkey rental with strong cash flow and minimal upfront work. Add it to your portfolio and start collecting rent immediately!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1928
Lot:
0.06 Acres
Heating:
None
Price/sqft:
$237
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$844
2025
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • None

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Lighting

    Lot

    • Lot: 0.06 Acres

    Other Property Information

    • Parcel Number: 0507160000

    • Zoning: RMD-A

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $844

  • Source details

    • MLS ID: O6439763

    Other facts

    • Construction Materials: Vinyl Siding

    • Foundation Details: Crawlspace

    • Laundry Features: None

    • Direction Faces: East

    • Living Area: 506

    • Water Source: Public

    • Lot Size Dimensions: 25 x 100

    • Subdivision Name: COLLEGE PARK

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REALTY HUB