A lot of updates done in 2019 and could be a turnkey rental for your portfolio. It is currently occupied with section 8 tenants paying $1,045/mo making this a real cash cow at this purchase price! The lease is currently M2M
See the photos after the last renovation: https://www.zillow.com/homedetails/402-W-13th-St-North-Little-Rock-AR-72114/302413_zpid/
Starting Price $60k
ARV $120k
Current Rent $1,045 | Market potential up to $1,200
Details:
- Bed/Bath: 5/1.75
- Sqft: 1,574
- Land SqFt: 4,792
- Built: 1930
- County - Pulaski
- Flood Zone: No
- Zoning: R3
Fast Facts:
- HVAC - Updated July 2019
- Windows - New windows 2019
- Hot Water Heater - 3 years old
- Electrical - Updated Wiring, Breaker Box 2019
- Plumbing - Updated 2019
- Foundation - Closed Piers. No known issues
- Roof - Unknown
- Occupied - Tenant on Month to Month Lease on Section 8
- Parking - Driveway
COMPS
- 1401 Maple St - As-Is
3 bd | 2 ba | 1654 sqft | Built 1940
Sold: $50,000 | $30.23/sqft | 7/21/23
- 1400 Willow St *Turnkey Renovation
4 bd |2 ba |1,554 sqft
Sold: $137,500 | $88/sqft | 5/16/23
Rented $1,150 March 2023
- 1719 Allen St, - Updated
3 bd | 1 ba | 1360 sqft | Built 1906
Sold: $90,000 | $66.18ft | 3/20/23
**Click into the deal to see more information and supporting docs**
NOTES:
Cash Buyers and Agents only
DO NOT DISTURB TENANTS
Showings will be coordinated for serious buyers with verbal cash offer and POF
Bedrooms | |
Bathrooms | |
Sq. footage |