Description
Buyer got cold feet!Great opportunity here; two family home with lots of potential; Home is currently occupied with long term tenants on month to month leases. Rents are well below market, and the building is priced accordingly; Lots of upward potential here; Managed correctly, this one has the potential to deliver fantastic returns for a savy buyer. Property will not pass FHA in it's current condition, but all offers will be considered. Rent increases as of 9-1-2022 will be as listed ; Gross rent will be $2500 per month as of 9-1-22. Attached financials reflect previous year prior to rent increases.
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6BEDS
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0.13ACRES
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2BATHS
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01/2 BATHS
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3,300SQFT
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$61$/SQFT
School Ratings & Info
Description
Buyer got cold feet!Great opportunity here; two family home with lots of potential; Home is currently occupied with long term tenants on month to month leases. Rents are well below market, and the building is priced accordingly; Lots of upward potential here; Managed correctly, this one has the potential to deliver fantastic returns for a savy buyer. Property will not pass FHA in it's current condition, but all offers will be considered. Rent increases as of 9-1-2022 will be as listed ; Gross rent will be $2500 per month as of 9-1-22. Attached financials reflect previous year prior to rent increases.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-01-28T15:05:26.853.