Summary
75% Rented!! immediate cash flow!
SUBJECT TO Option Available!!
ASKING PRICE: $240,000
ARV : $360,000 ($330,000 As Is)
Fantastic deal in a great area! This home is perfect to add to your next investment portfolio!
This Quadplex will make a great long-term rental addition to your portfolio or you can move the tenants out and fix and flip for a great profit/cash flow.
PROPERTY DETAILS - MULTI-FAMILY (Quadplex)
- 4 Units - 1 Bed/1 Bath Each
- Pier and beam foundation (recommend a foundation inspection)
- Roof - Composition Shingle
PROPERTY CONDITION
- Rehab Level - Moderate High
- One unit has updates
- Window Units
- Roof - Good condition
- 1 bath was updated recently and the second is 2 years old. (the other 2 need to be updated)
- Electrical - Needs to be replaced
- Siding - Needs to be replaced
Subject To Terms
- $13,000 Down
- $1,972.85 Monthly Payment
- ~5%; 25 years remaining on loan
TENANT INFORMATION
- 3/4 Units are rented under market rents
- 2 paying $650/month.
- 1 paying $700/month.
- One unit is vacant and being used as storage.
- Tenants pay electrical; 1 meter for water
SEE DOCUMENTS FOR THE REPORT FROM NEIGHBORHOOD SCOUT
For more details, please call (512) 812-8317 or email Sales@acfbuyshomes.com
ACF Property Liquidators is selling its equitable interest in the contract to purchase the aforementioned properties. All properties are sold for cash or hard money. Buyer's responsibility to do your own due diligence and verify all information. Prices are NET to the seller with the buyer paying all closing costs unless otherwise stipulated. Opinions of value/rents are given as a courtesy and no guarantees are expressed or implied. Buyer is to pay a $595 closing fee to an external transaction coordination company.
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Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold