Summary
This is a 5 bedroom and 2 bath four square that is currently under rented to longterm month to month tenants.
Market is closer to >$1,200 a month but tenant is currently only at $1,025. If you go with Section 8 the rents would be even higher.
The house will need a good refresh if you non-renew the tenant but if you want to leave them in place then you can just continue to collect rent and make incremental increases.
Tax assessed is $88k. ARV is estimated at $145k. Pictures were taken in late 2020. The property has some minor repairs completed since.
COMP: 1307 Buena Vista (next door) sold for $132k in March 2021. It is a 4 bed and 2 bath.
Journey Home Buyers, LLC (JHB) either: a) holds equitable interest with closing scheduled on or before agreed closing date with end Buyer; b) holds title in JHB name.
No JV'ing or marketing this deal without ratified agreement with JHB.
Do Not Disturb Tenants. It is unlawful to trespass on private property. If you would like to schedule an evaluation contact JHB.
"Win It Now" pricing expires once the property is scheduled for showing(s). Buying at Win It Now price requires sight unseen purchase and EMD within timeframe as noted in agreement.
Buyer beware, JHB strives to represent all information accurately, but it is not guaranteed. Buyer's due diligence is recommended to verify all information pertinent to your buying criteria.
JHB strives to provide all buyers an equal opportunity to see properties, however we reserve the right to accept an offer at our discretion.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold