Cash-Flowing 3BR Rental with Section 8 Tenant & Portfolio Upside

6128 Washington Ave offers a turnkey rental opportunity for both new and experienced investors. The property is currently leased to a Section 8 tenant paying $1,295 per month, with a lease secured through January 1, 2027, providing stable and predictable income.

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 renew, 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 reliable income, while one unit rents at market rate.

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