Photo 1 of 1
$162,500
Sold on 12/01/14
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$671 |
1964 |
On the market:
63 days
|
View full details, 15 photos, school info, and price history
CASH FLOW PROPERTY! Investors special! Great returns! Needs nothing!Unit 2 is newly remodeled from top to bottom with new paint, new window coverings, new flooring, remodeled bathroom and kitchen. This unit is as close to new as it gets. The property had a new roof recently. Ac serviced regularly. Can provide receipts and details. Laundry room on property with access to both units. Unit 1 has long time tenant that just renewed lease Oct 14 for 750/mo. Unit 1 has not been remodeled and rents for unit two should be the same or more than unit 1. Cash flow this property for a net return on investment of over 9.5%! This property will not require any up front rehab or remodel costs. Just rent unit two and cash flow the property! Monthly expenses are 200/mo for utilities provided as provided as part of rent. This is a fantastic opportunity! Motivated seller. Low vacancy rates for this product in this part of town. Quaint neighborhood with long time owner occupants on this street!
Listing courtesy of Curtis Johnson & Jeremiah Hancock