Turnkey Rental Opportunity with Immediate Lease-Up Potential

245 Grampian Rd presents a strong opportunity for both investors and owner-occupants. The property is currently vacant and rent-ready, with projected market rent around $1,250 per month. Its location in a high-demand rental area supports a quick lease-up and consistent tenant interest.

This home is part of an 8-property single-family portfolio. The seller prefers to sell the portfolio together or in smaller groups, but also offers each home individually. The portfolio includes all 3-bedroom homes: six 3 bed/1 bath, one 3 bed/1.5 bath, and one 3 bed/2 bath. Currently, 6 of 8 homes are occupied, generating $8,140 per month, with projected rents reaching $10,640 once fully leased.

As leases turn, investors can increase rents further, with pro forma income exceeding $11,000 per month. Ownership has actively maintained the properties and kept them in solid condition. Most tenants use Section 8, providing consistent income, while one unit rents at market rate.

The homes sit close to one another, which improves efficiency and simplifies management. This portfolio offers a strong opportunity to scale quickly or acquire stabilized, income-producing assets.