2515 Grigsby Place SW

Description

Take a look at this excellent investment opportunity in Canton! This well-maintained duplex offers an impressive 15% CAP rate with long-term tenants in place for over 20 years, providing immediate and consistent rental income. It is truly a low-maintenance property with absolutely no yard, eliminating mowing and landscaping expenses. Recent updates include electrical improvements and select plumbing updates, helping reduce future capital expenditures. The property features two units: a 1 bedroom/1 bath with window A/C and a 2 bedroom/1 bath unit with central air. Each unit has separate gas and electric meters, paid directly by the tenants. The landlord covers Canton City Utilities (water, trash, and sewer) at approximately $80 per month, keeping operating costs predictable and minimal. With almost $1400 cash flowing in monthly rental income, this property is an ideal addition to any rental portfolio—easy to manage, strong returns, and stable tenancy. Check it out today! This property won's last long!