$110,000 After Repair Value -
$75,000 Asking Price -
$0 Cost of Repairs =
$35,000 Potential Profit

Property Details

Asking Price $75,000

After Repair Value $110,000

Costs of Repairs $0

Potential Profit $35,000

Living Area 2,599 ft2

Property Type Duplex

Bedrooms 5

Bathrooms 3

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Potential triplex brings lots of opportunities for an investor willing to do some updating. With total market rent around $1,800/month, this property should be near the 2% rule when stabilized. Existing tenant is section 8, and would be a great strategy to use while leasing up the rest of the property. Inquire today for more information.

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