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509 S 2nd St, Warner Robins, GA 31088

$82,000 After Repair Value -
$55,000 Asking Price -
$2,000 Cost of Repairs =
$25,000 Potential Profit

Property Details

Asking Price $55,000

After Repair Value $82,000

Costs of Repairs $2,000

Potential Profit $25,000

Living Area 942 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

This property is currently being rented for $750 per month. It is a 2 bed/1ba, but it is currently being used as a 3bedroom. There is a side room by the living area. Add a small closet and you would be able to list it as a 3 bedroom. There are no central heat and air in the property. If you install HVAC system, you would be able to increase the rents to $1,200 per month. There are renovations to other properties along with new built homes in the area. Which will increase the value of this property in the near future.

Repairs Needed

Some siding in the back part of the house needs to be replaced. Flooring in the hallway needs to be replaced. Hallway is very small.

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