Summary
Great rental rates with a modest rehab budget. Some updates have been made, including electrical rewiring, plumbing, and double pane windows. The roof is 10 years old and there are no foundational issues. There is an additional structure on the lot that consists of 1 bedroom, 1 bathroom, and the garage. The property was previously rented for $1600/month. The estimated rehab budget is $25-35k.
STATS:
- Bed/Bath: 3/1.5 + 1/1 (Garage)
- Sqft: 1456 (Garage not included)
- Lot Sqft: 5400
- Rents: $1600
- Est Rehab: 25-35k
MLS COMPS:
- 3229 Michigan St - (3/2, 1200sf) - $112/ft - SOLD - $134,500 (Good shape)
- 3113 Indiana St - (3/1, 1080sf) - $122/ft - SOLD - $130,000 (Updated)
- 3207 Indiana St - (3/1, 1312sf) - $107/ft - PENDING - $139,900 (Good shape)
- 3406 Michigan St - (4/2, 1403sf) - $114/ft - ACTIVE - $159,900 (Updated)
1. Tallbridge Real Estate is selling their equitable interest in the contracts to purchase the aforementioned properties. All properties are sold for cash or hard money.
2. Buyers responsibility to do your own due diligence and verify all information.
3. Prices are NET to seller with buyer paying all closing costs unless otherwise stipulated.
4. Opinions of value / rents are given as a courtesy and no guarantees are expressed or implied.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold