💎🤑 SELLER FINANCE CASH FLOW DUPLEX GEM! NO CREDIT CHECK OR BANK FINANCING REQUIRED!💎🤑

Bannock County, Pocatello, ID, 83201
Sold
Listed at: April 2nd, 2023
Price
$24,900
ARV
$250,000
Gross Margin
$225,100
Sq. Footage
1376
Type
Multifamily
Parking
On street
Year build
1930
Lot size
0.08 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

WALKTHROUGH THURSDAY 4/13/23 615PM SHARP!


🏠GET INTO YOUR NEW INVESTMENT PROPERTY WITH LITTLE DOWN, NO CREDIT CHECK AND NO BANK FINANCING! 🤑


CASH FLOW WITH 10 - 20% CASH ON CASH RETURN!


TERMS OF THE DEAL:

  • This is a "subject to" transaction
  • Total Cash to Close = ~2k down payment + assignment fee + closing costs
  • Buyer will take over 1st position mortgage @5.25%, $1,439.88/mo payments PITI
  • ~$211,610 outstanding principal. NO BALLON (loan matures in 2052)
  • NO PREPAYMENT PENALTY
  • Purchase Price = $220,000


INSPECTION REPORT AVAILABLE 


3D WALKTHROUGH: https://app.docusketch.com/portal/tour/Poh73r1I



Your Offer should include what assignment fee you are willing to pay over and above the ~2k down payment. Any questions, please ask TIM at 208-252-5389



  • 1930 Build
  • ~688 sqft each unit
  • 2bd 1bth 
  • CASH FLOW OPPORTUNITY!!
  • Rent-Ready (Minimal Repairs Needed)
  • Separate entrances and no way to access downstairs from inside the upstairs unit
  • Formerly rented for $1700 to the same family to use both upstairs and downstairs
  • Next door neighbor with the same layout rents the the house out for $2,200
  • UPPER UNIT: 2 bed, 1 bath upstairs, plus one office. Has washer and dryer hookup in mud room.
  • LOWER UNIT: 2 bed, 1 bath downstairs, plus one office. No wash/dryer hookup.
  • 1 thermostat upper unit that controls the heating system for both
  • 2 separate water heaters
  • 1 water meter
  • 1 electricity meter
  • 1 gas meter


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

Ryan Weimer

No reviews

Disposition manager