Photo 1 of 11
$220,000
Sold on 4/16/19
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$4,041 |
1930 |
On the market:
139 days
|
View full details, 15 photos, school info, and price history
**EQUITY + CASH FLOW** Perfect investor Purchase...Value Add Opportunity with over 15% ROI. Current appraised value at $255k. Market Rent at full occupancy is $3500. Units 1 & 2 are vacant and only need little work to be section 8 ready. Unit three is rented for $650 a month. Unit four has been rented for $500 to the same tenant since 2013. Currently brining in $1150 a month from units 3 & 4. Neighbor house has been purchased and the rehabbed with start soon. The area is up and coming with strong projections for growth in the next year.
Listing courtesy of Micah Mortag, Knight & Drews, LLC.