• Solid bones and good location for rental or flip
⸻
Exit Options:
• Light to mid rehab flip
• Rental with minor updates
• Hold and cash flow
• 3/1 layout = strong demand for Section 8 and cash tenants
• Low entry point w/ strong upside
• Vacant = no eviction or delays
• Easily rent for $900+ after rehab
• Potential Cap Rate: 15%–20%+ after renovations
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Additional details
Type
Single-Family
Parking
Assigned
Built in
1920
Lot size
0.11 acres
Price$32,000
ARV
$100,000
Gross margin
$68,000
Deals nearby
$69,999
(ARV -
$155,000)
3 Beds
1 Baths
1702 sq.ft
$95,000
(ARV -
$130,000)
2 Beds
1 Baths
936 sq.ft
$25,000
(ARV -
$82,000)
3 Beds
1 Baths
1286 sq.ft
$15,000
(ARV -
$100,000)
2 Beds
1 Baths
816 sq.ft
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