🏚️ Start a Rental with LOW money down🏚️

Montgomery County, Dayton, OH, 45406
Sold
Listed at: January 16th, 2023
Price
$14,900
ARV
$68,000
Gross Margin
$53,100
Sq. Footage
1248
Type
Single-Family
Parking
Unassigned
Year build
1956
Lot size
0.12 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

White Bungalow, Perfect for a rental.


  • 3 Bedroom / 2 bath
  • 1248 sf
  • Built in 1956
  • Taxes are $436 per half.
  • Has a shed in the back yard
  • small covered front door area
  • There is fire damage to the rear of the property, started in laundry room. There is some damage to the walls/ceiling to the 2nd and 3rd bedrooms
  • No electrical or plumbing'
  • Gas furnace is present, not sure if it is operational due to the utilities being off.
  • Parts of the home can be salvaged for a low-budget rehab, depends on buyer's preferences.


So here is the lowdown on this property... Most of the cost associated with the price is due to Back taxes that need paid. A cheaper alternative for someone wanting to get a project started is to do the $6200 down, and then you can start a payment plan with the city to pay the taxes down. They will ask for 20% down, and then you will make payments based on the schedule you set with the city.

Doing things this way, you may be able to get the house cash flowing before your next payment is due. If you are planning to flip it, you could be ready to sell it before the taxes are paid in full.

Great way to get a project going with low money down!!


ASKING- $14,900

ARV $68k



📞 Give Cortney a call or shoot her a 📲 text for more info on this killer deal! (937) 637-3935

💪 You can click the 🙌 WIN IT NOW button and avoid all the bidding and 🔐 lock this one down right now 💥

 

*No back taxes, or liens!

*Cash Only! Must be able to close within 7-10 days!! 

*NO rent to own, NO owner financing, NO payments. 

  

*This is a contract ready for assignment, not an active listing.

NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OR OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT OF Wholesale Properties Depot. Do Not Forward. Any property information received by you is proprietary information belonging to Real Estate Solutions Unlimited, Inc. and its affiliates (“Wholesale Properties Depot” or “All Ohio Home Buying, LLC”). All Properties are currently under Contract to All Ohio Home Buying, LLC . Any transaction consummated by you will be pursuant to an assignment of All Ohio Home Buying, LLC’s Contract. Any unauthorized contact will be considered intentional interference with a Contract and may result in legal action being taken against you. Buyer must do your own due diligence. Wholesale Properties Depot provides only estimated repair costs and property values. This property is sold as-is and All Ohio Home Buying, LLC makes no warranty of any kind. Determining value is the buyer’s responsibility and any reference to the value of the property by Wholesale Properties Depot is just an opinion of value.


Videos

Interior of 5036 Genesee Ave.

Exterior of 5036 Genesee Ave.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Cortney Erisman

No reviews

Disposition manager