Easy Buy, Rehab, and Rent!

🔥2704 Lincoya Dr - $299,000 OBO

1336' 2x1br/2x1ba on 0.55 acre

EST Repair: $40,000 ($10k left unit <$30k on the right)
ARV: $425,000 (Rents are $1,375 each.)

🏡 One side vacant other side empty by october 3rd! Should be ready for you right after close! This has comes with many options for investment planning! There is space on lot to build another SFH to rent!

Condition:

-New flooring on vacant side, new appliances, new hookup for w/d, and new plumbing underneath kitchen sink vacant side. HVAC units have been replaced for each side.

-Windows have been replaced since purhcase but may need some repair.

-Needs new roof.

Comps: Multi-family comps

Single family residential comps

New Construction Comps

Property Condition:

⏩ The duplex is in great shape needs mostly cosmetic repair with the right unit being the squeaky wheel here needing HVAC and the back deck needs replacing/repair!

⏩ Door that connects both units needs closing up, (It was put in for previous owner's family to use whole house.)

⏩ Needs new carpet all around and some landscaping would make this rent really nicely!

🏘️This is a contract for assignment. 10 day close but can buy more time. Assignee is responsible for all due diligence. $5k non refundable EMD. Agents add your commission on top