Wholesale Price $99,900 (Buy-It-Now $110K)

ARV $225-325k

**Renovate the house easily gets $225K+ ARV (some comps >$300k in Vine)

**Renovate the additional building into a 1/1, 2/1, or even a 3/1 for additional rentals

This 4 Bedroom 2 Full Bathroom 2-Story home in the Vine neighborhood could be a KILLER rental property as either LTR or STR (checkout the AirDNA report under "Documents")!!! It boasts 9-ft ceilings throughout both floors. The walls are concrete yielding lower heating/cooling and reduced maintenance. The additional outbuilding could be renovated into a 2/1 or 3/1 space for additional rentals. The upstairs is nearly finished (ready for primer, paint, flooring, and fixtures).

Highlights:

• LTR Rental Opportunity - 4/2 @ $1700-2000/mo (Main House) and 3/1 @ $1200-1300/mo (2nd Bldg)
• STR Opportunity (see the AirDNA Report under "Documents" below) - $74K Annual Income as 4/2 sleeping 10ppl | $290/nt ADR @ 69% Occupancy - NOT INCLUDING the 2nd Bldg!!
• 9'ft Ceilings Throughout
• Concrete/Stucco construction = low maintenance
• Close to WMU Campus, Downtown/Hospital, & Westnedge Corridor
• Abundant On-Street Parking

Review of Systems:

• Roof = Good
• Heating - Newer Furnace
• Cooling - Newer Central AC
• Water Heater - June 2017
• Electric - 200amp Panels in both buildings
• Plumbing - Mostly Copper & PVC

Special Callouts:

• 2nd Building is on same parcel (not separate)
• 2nd Building has it's own Gas Meter and separate 200A Electric Panel
• Consider taking down the 1-car attached "garage" for additional parking

Special Note: Submit your "Soft" offer by clicking the button above. Offers will be reviewed within 24 hours and we'll call you to schedule walk-through or provide lockbox code. The "WIN IT NOW" feature secures the deal and prevents acceptance of another offer. Upon offer acceptance, a Purchase Agreement will be sent for electronic signature and EMD shall be wired/dropped off with Title Company within the next business day.