1205 Ryland Avenue

About this home

Located in the growing community of Bond Hill, this thoughtfully updated quadplex offers a rare turnkey investment opportunity. Whether you are an experienced investor looking to expand your portfolio or just seeking strong cash flow from day one, this property is for you. With leases already in place, you can begin generating income immediately without the hassle of renovations or finding tenants. Current annual rents of $45,600 offer over an 8.5% cap rate and meets the 1% rule. Conveniently positioned for public transportation with quick access to major highways, the property offers an ideal location for commuters and long-term tenant demand. Residents also appreciate the shared on-site laundry and private storage in both the basement and detached garage. Don't miss this income-producing asset in an area experiencing continued investment and growth. Opportunities like this do not come along often especially updated multifamily properties with stabilized occupancy already in place!