706 Jones Mill Road

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 home Both bathrooms fully remodeled with tile flooring, brand-new tiled showers, glass shower doors, and new vanities Fully updated kitchen with brand-new cabinets and countertops Fresh interior and exterior paint for a modern appearance New gutters Covered front porch Updated finishes throughout the entire home The 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 lease Bedroom 2 (Upstairs): $650/month – $650 deposit – 1-year lease Bedroom 3 (Upstairs): $650/month – $650 deposit – 1-year lease Master Bedroom Suite (Downstairs with private bathroom): $1,100/month – $650 deposit – 1-year lease Total Monthly Rental Income: $3,050/month The 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.