2644 Frederick Avenue

Add an immediate, hassle-free income generator to your portfolio with this fully stabilized 2-bedroom, 1.5-bathroom property priced to sell. Boasting an incredible 15.8%+ gross rental yield and a low Gross Rent Multiplier of just 7.58, this asset delivers powerful, immediate cash flow right out of the gate. Featuring a reliable Section 8 tenant currently paying $1,317 per month—who just seamlessly renewed their lease for a third consecutive year in July 2026—this property offers guaranteed, government-backed rental income with zero startup vacancy lag. Best of all, a professional property management company is already in place, making this a truly turnkey, hands-off investment for local or out-of-state portfolio builders. Skip the rehab timelines and tenant placement hassles. Capitalize on strong returns and proven stability from day one. Schedule your showing today!