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STARTING PRICE: $175,000
BUY NOW PRICE (no more offers and removes further marketing efforts): $185,000
Estimated ARV: $250,000+
PROPERTY IS CURRENTLY TENANT OCCUPIED!! ACCESS WILL BE AVAILABLE BY APPOINTMENT ONLY!
Unit A (2 bed,1 bath): Lease Renewed May 2024 (Section 8, total rent: $1350, tenant only pays $36 a month!)
Unit B (2 bed, 1 bath): Lease is up August 2024 (Section 8, total rent: $1223, tenant only pays $472 a month, an increase has been requested for an additional $100 a month if renewing, has not been approved yet) Potential for 3 bedroom in upstairs unit by utilizing attic
TOTAL MONTHLY RENTS: $2,573.00
Type of water/sewer: Public
Type of A/C: Window Units
Type of heat: Gas Furnace, two units
Roof condition/age: Roof replaced within last 5 years
Taxes: $4,682/yr