749 E 131st Street

Investors, here’s your chance to own a fully updated, cashflowing Section 8 property with strong upside potential. This 3-bedroom, 1-bath home also features a bonus room on the second floor. Currently, the property is generating $1,500 per month with CMHA paying 100% of the rent. The home is lead certified and has undergone significant updates, including a new furnace (2018), hot water tank (2018), electrical (2018), plumbing (2018), updated bathroom (2018), updated kitchen (2018), new flooring (2018), and a roof (2020), windows (2018), ext./int. paint (2018), gutters (2026), new plumbing stack (2026) and more. With all major systems recently updated, this property is truly turnkey—offering minimal maintenance, immediate cash flow, and the security of guaranteed rent in a high-demand rental area. Don't miss out! Reach out to listing agent for walkthrough videos.