Summary
ARV: $130k +/- per Home
Repairs Level: Moderate
Market Rent: $2,200-2,400/mo Total
Current Rent: $1,600/mo Total
Key Features:
- Both homes boast a classic wood frame construction, exuding a timeless charm that awaits your personal touch. While these residences require some cosmetic upgrades, their solid foundations and well-maintained structures provide an excellent canvas for your creative vision.
- The practical aspects of these homes are equally impressive. The air conditioning systems in both houses are relatively new, with one unit only 4 years old and the other just 3 years old. The durability of the metal roofs, each installed a decade ago, ensures long-lasting protection for your investment.
- City water and sewer services add to the convenience of this property, making it an attractive choice for both landlords and tenants. The 0.34-acre lot provides ample space for outdoor activities or potential future expansions.
- Electric heating sources in both homes guarantee reliable warmth during the cooler months, ensuring comfort for residents. Additionally, rest easy knowing that these properties are not in a flood zone, providing peace of mind in unpredictable weather conditions.
- Currently, both homes are tenant-occupied, each generating a steady income of $800 per month. This instant revenue stream adds significant value to this investment, making it a lucrative opportunity for those seeking a return on their real estate investment from day one.
House 1:
2 Bedrooms
1 Bathroom
768 sqft
House 2:
2 Bedrooms
1 Bathroom
672 sqft
Financing Available - Click Here!
PID # 67281
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold