Property Description

706 Jones Mill Rd is a fully remodeled 4-bedroom, 2-bath brick ranch over a basement located on a corner lot with a fenced-in backyard, just less than 5 minutes from downtown. The home offers a great combination of modern updates, strong rental demand, and convenient location.The property has been completely renovated cosmetically, including:New flooring throughout the homeBoth bathrooms fully remodeled with tile flooring, brand-new tiled showers, glass shower doors, and new vanitiesFully updated kitchen with brand-new cabinets and countertopsFresh interior and exterior paint for a modern appearanceNew guttersCovered front porchUpdated finishes throughout the entire homeThe home is currently operated as a room-by-room rental property, providing strong monthly cash flow. All tenants are on one-year leases and are responsible for their own utilities, which keeps owner expenses low and increases overall cash flow.Current Rental Breakdown:Bedroom 1 (Upstairs): $650/month ? $650 deposit ? 1-year leaseBedroom 2 (Upstairs): $650/month ? $650 deposit ? 1-year leaseBedroom 3 (Upstairs): $650/month ? $650 deposit ? 1-year leaseMaster Bedroom Suite (Downstairs with private bathroom): $1,100/month ? $650 deposit ? 1-year leaseTotal Monthly Rental Income: $3,050/monthThe downstairs master suite also has additional unfinished basement space nearby, offering storage or potential future value-add opportunities.With its prime location near downtown, fully updated interior, fenced yard, and strong rental income with tenants paying utilities, this property is a high-performing cash-flow investment with minimal ongoing expenses.

Property Features

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