Calling all investors, rehabbers, and landlords! Here’s a chance to pick up a 3,276 sq ft, 2-unit property at a price that leaves serious room for profit.
Property Highlights:
2 units: 1-bedroom downstairs, 3-bedroom upstairs
3,276 sq ft across 3 floors
NEW ROOF, the big-ticket item is already done
Vacant, no tenants to deal with, start work right away
The Numbers:
Asking Price: $37,000
ARV (After-Repair Value): $115,000
Estimated Rent: $1,300 - $1,550/month
Needs major repairs, so there’s plenty of room to build equity
The Opportunity: With the roof already replaced, you can put your budget toward interiors and systems. Rehab it and keep it as a rental with two income streams, or flip it and capture the spread between the purchase price and the $115K ARV. The 1BR and 3BR mix appeals to a wide range of tenants.
Sold AS-IS. Cash or hard money buyers preferred. Deals like this don’t last, so don’t wait!
Message me today for the address and to schedule a showing.
More About This Property
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $115,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $64,000.