$125,000 After Repair Value -
$87,000 Asking Price -
$0 Cost of Repairs =
$38,000 Potential Profit

Property Details

Asking Price $87,000

After Repair Value $125,000

Costs of Repairs $0

Potential Profit $38,000

Living Area ?1,546 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 0

Half Bathrooms 1

Parking 0

Listed with Agent No

Property Description

This spacious 3 bedroom brick home is a must see for an investor looking to add a tenanted property to their portfolio. Purchase well below the 1% rule with an existing tenant in place at $1,200/month. An attached garage, and close proximity to public transportation, downtown, and the airport make this a practical home as well for stable occupancy in the future.

With nearby properties selling at higher values, there are plenty of opportunities for an investor to decide which path to take when the lease expires in 2023. Inquire today to be put on the list for our one-time upcoming walk through.


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