GREAT INVESTMENT PROPERTY IN HERRINGTON, KANSAS - OWNER FINANCE AVAILABLE

Dickinson County, Herington, KS, 67449 view full address
For Sale
Listed at: March 31st, 2024
Price
$25,000
ARV
$84,000
Sq. Footage
1245
Type
Single-Family
Parking
Detached Garage
Year build
1920
Lot size
0.10 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
If someone buys for this price, no more offers will be accepted
Summary

๐ŸŒŸ Irresistible Investment Opportunity! ๐ŸŒŸ
             

Owner Finance Available (Terms):  As-Is 18-36 month balloon, $10k - $12k down - Interest Only @ 9%-11% - No Credit Check, Approval Based on Investors Experience Level.  

Cash Price: $25,000   /    Owner Finance Price: $30,500

๐Ÿ’ฐ ARV: $84K ๐Ÿ’ฐ

Carefully calculated using the average . price per sqft, adjusting for living space below and at or above grade.
Total sqft: 1,245 at $56 per sqft. 

๐Ÿ”ง Rehab: $39K - $44K ๐Ÿ”ง

Flexibility depends on finishes chosen by the investor buyer.

๐Ÿ  Layout: ๐Ÿ›Œ

3 BEDROOMS, 1 BATH, 1 CAR GARAGE (Detached)

๐Ÿ“ Living Space: ๐Ÿก

Total: 1,245 SqFt  

๐ŸŒณ Lot Size: ๐ŸŒฟ

4,356 SqFt

๐Ÿ”จ Opportunity Awaits: ๐Ÿ”‘

Can be structured as a Buy and Hold, ensuring a solid return on investment (R.O.I).
Prime location, close to major cities yet away from the hustle and bustle, making it attractive to buyers or renters.

๐Ÿ”จSome renovations needed.๐Ÿ”ง

๐Ÿš€๐Ÿ Act fast, compelling rental stats and numbers makes this property a solid investment backed by solid figures. Annual R.O.I: 13%; Cap Rate: 18%; Net Cash Flow: $483/month.

Don't miss out on this golden opportunity! 

This disclosure statement is designed to disclose to a buyer that all known materials or adverse facts relating to the physical condition of the property that are not readily observable are to be disclosed to Buyer. As stated in the Purchase and Sale Agreement with Seller, the property is being sold in its present condition only, without warranties of guarantees of any kind by Seller. No representations concerning the condition of the property are being relied upon by me except as disclosed in the Purchase and Sale Agreement.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Michael Fernandes

Disposition manager