๐จInvestment CASH COW Alert!๐จ
Call/Text me ASAP (503) 867-5505
Welcome to your next income-generating venture! This captivating single-family residence is tailor-made for buy-and-hold rental investors who crave success. Let's dive into the exciting details:
๐ Property Type: Single Family
๐ฐ Price: Starting at $76,000, Buy Now at $81,000
๐ Square Feet: 1,240
๐๏ธ Bedrooms: 2
๐ Bathrooms: 1
๐ Basement: Yes, unfinished
๐ Parking: 1 garage space, 2 covered carport
โ๏ธ AC: Central AC
๐ Roof: Replaced between 2017-2019
๐จ๐ฉ๐ฆOccupancy: Currently Occupied by Tenants until 03/29
Investment Highlights:
๐ Prime Location: Positioned in a sought-after area, this property promises steady rental demand and potential appreciation.
๐ก Solid Structure: Boasting a spacious layout of 1,240 square feet, this home offers cozy living spaces for tenants.
๐ Parking Convenience: With a garage space and covered carport, parking headaches become a thing of the past, ensuring happy tenants.
๐ Updated Roof: The roof has been recently replaced (2017-2019), guaranteeing durability and minimizing maintenance expenses.
โ๏ธ Central AC: Tenants will revel in the comfort provided by the central AC system, boosting tenant satisfaction and retention.
Opportunities for Improvement:
๐จ Cosmetic Updates: Though structurally sound, a fresh coat of outside paint, inside paint, and updated flooring can work wonders in elevating its appeal and rental value.
๐ช Front Door Steps Repair: Addressing the concrete steps at the front door enhances curb appeal and ensures tenant safety.
๐ ๏ธUnfinished Basement: If you choose to finish the basement, you can potentially add more livable space and justify a higher rent.
Rental Potential:
- ๐ Previous Rents: Previous rents were at $700/month.
- ๐ Rental Comps: Rental comps in the area range easily between $1,000-$1,400/month, indicating significant potential for increased rental income.
Why Invest Here?
This property offers an unparalleled opportunity for savvy investors looking to secure long-term rental income. With an attractive starting bid and buy now price, coupled with the potential for value appreciation through strategic updates, this home is a golden ticket to investment success!
Don't let this golden opportunity slip through your fingers! Act now and seize this chance to dominate the Indy rental market. Reach out ASAP for more details or to schedule a viewing. ๐๐ ๐ผ
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