Description
This is priced to sell----this home has more than meets the eye......you could actually make this a 2 3 bed units and 1 2 bed unit increasing you NOI....this is a full rehab projected to be around $55000 to 70k depending on your ability to purchase material and control of labor cost. If you are a novice or new to the game, this is not for you. Experienced investor can turn this around on the lower end and make bank! Even after the rehab and the cost of the structure you still end up with equity in the structure. Win Win!!! Remember--this is a HOLD not a FLIP---price is firm as the completed project your return will be solid--$1100 to $1300 per unit and with the bonus unit another $550 per month--bringing this unit to a comfortable to a $3000 to $3200 per month or up to $38,400.00 per year ROI...How do you not win with this project? NO DOWN PAYMENT ONLY CLOSING COST!!!!!! QCD only CASH ONLY--BUYER TO USE SELLERS CLOSING AGENT - Buyer to assume all back taxes and water
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0BEDS
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0.08ACRES
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2BATHS
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01/2 BATHS
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2,400SQFT
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$7$/SQFT
Description
This is priced to sell----this home has more than meets the eye......you could actually make this a 2 3 bed units and 1 2 bed unit increasing you NOI....this is a full rehab projected to be around $55000 to 70k depending on your ability to purchase material and control of labor cost. If you are a novice or new to the game, this is not for you. Experienced investor can turn this around on the lower end and make bank! Even after the rehab and the cost of the structure you still end up with equity in the structure. Win Win!!! Remember--this is a HOLD not a FLIP---price is firm as the completed project your return will be solid--$1100 to $1300 per unit and with the bonus unit another $550 per month--bringing this unit to a comfortable to a $3000 to $3200 per month or up to $38,400.00 per year ROI...How do you not win with this project? NO DOWN PAYMENT ONLY CLOSING COST!!!!!! QCD only CASH ONLY--BUYER TO USE SELLERS CLOSING AGENT - Buyer to assume all back taxes and water
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IDX provided courtesy of Realcomp II Ltd., via Trinity Property Asset Management: (734) 224-4747 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.