This property works great as a flip or a rental! It's located 2 miles from CaroMont Regional Medical Center so you will have a consistent supply of great tenants!

CONDITION:

• It's currently 2 beds (if you add closet to the front room that they've been using as a bedroom, it will be 3 beds)
• HVAC: 5 Years Old
• Shingles on roof were replaced 6 years ago
• The only large ticket item is the foundation in the front right room that they've been using as a bedroom. You'll see cracks in the walls and there's slanting in the flooring so piers will need to be added.
• BE SURE TO WATCH THE VIDEO WALKTHROUGH

NUMBERS:

• ARV: $260k ($195/sf)
• Estimated Repair Costs: $60k
• Average Rent: $1850/month (passes 1% Rule)

COMPS:

• 33 Maple Ave is 1102 sf and sold for $225k ($204/sf)
• 123 Duff St is 1110 sf and sold for $249k ($224/sf)
• 64 Central Ave is 1248sf and under contract for $259k ($207/sf)

Closing is scheduled for July 1st and buyer will cover all closing costs. House will be delivered vacant. 

Contact Andrew at 980-231-8010 for any questions.