Starting Purchase Price: 95k Seller Finance Available at ZERO INTEREST
ARV: 220k
Property Highlights: 8 UNIT MFR
Main House: 10 Bed | 8 Bath | 5,800 Sqft | Built 1918
Lot Size: 5000 sq ft
Construction: Frame
Foundation: Good
Occupancy: Squatters present
Strong Rent Rates: $3,400/month when fully occupied
Rehab Notes:
Electrical Panel: Good
HVAC: 2 units – 1 is new
Water Heater: Good
Roof: Asphalt/Fiberglass – Good condition
Plumbing: Good
Any Other Notes: Interior condition is uncertain due to squatters. Rehab scope is unclear without access. Prior to squatters condition was turnkey. Squatters were removed once and returned. Property was liveable condition when removed.
Comparable Sales: Multi Family
Comp #1: 24 N Union St – $209,000 (Smaller)
Comp #2: 1628 E Market St – $206,000 (Smaller)
Comp #3: 492 Vine St – $177,000 (Way smaller)
Access & Closing Info: Viewings by appointment only
Contract is for Assignment
EMD:5k
Closing: On or before August 15th
Call: Dan (813) 544-3513