Wholesale

GREAT POTENTIAL FIRST TIME BUYERS PROPERTY WITH RENTAL INCOME

100 4th St, Lake City, TX 78368

$130,000 After Repair Value -
$65,000 Asking Price -
$30,000 Cost of Repairs =
$35,000 Potential Profit

Property Details

Asking Price $65,000

After Repair Value $130,000

Costs of Repairs $30,000

Potential Profit $35,000

Living Area 1680 ft2

Property Type Duplex

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

Price: $65,000Bedrooms: 3Bathrooms: 2Square Footage: 1680Year Built: 1960Type: DuplexProperty DescriptionInvestment Opportunity: Assignment of Contract – 2-Story Duplex on Large LotProperty Type: 2-Story DuplexLocation: 100 4th St. Lake City, Tx. 78368Lot Size: Approximately 0.75 Acres (¾ Acre)Layout: Downstairs Unit: 1 Bed / 1 Bath / Upstairs Unit: 2 Bed / 1 BathKey Property Features:Duplex sits on a spacious ¾-acre lot – great potential for rental income or owner-occupant plus rental strategy.

Repairs Needed

Repairs / Updates Needed:\r\nNo central HVAC – property currently uses window units.\r\nBreaker box may require inspection and possible upgrades.\r\nWindows may need to be updated or replaced.

CONTACT LISTING OWNER

Virgil Jackson

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