GREAT OPPORTUNITY FOR THE FIRST TIME BUYERS OR INVESTORS. UNBELIEVABLE NEW PRICE EVEN IN THIS MARKET!! THIS HOME LOOKS GOOD, ATTRACTIVE, WELL MAINTAINED.
This is a siding and brick traditional home with a 2 car garage.
This home offers 3 bedrooms with 2 and 1/2 baths! All rooms are very large! Home has nice wood trim package including wood doors.
The home is really in great shape, almost rent ready. The home could actually go FHA in its current condition! The following is estimated repairs to retail: interior/exterior paint - $4000, maybe new roof and gutters - $3,500, misc. repairs and landscaping (tree removal) - $1000. Total rehab est. of $5k to $10k.
Tax value of $140,600 and similar house down the street listed for $144.9k! The home has a current bank appraisal value of $112k! After the simple rehab I would price house at $120k to $125k for quick sale or keep in rental portfolio. Market rent $950 - $1050 per month rent rate. This is really a great subv. and good location. Homes should be worth $130k to $135k all day long.
Feel free to contact us should you have any questions that were not answered within this property. Kevin morice @: 678-427-7700 www.thisgreathouse.com
Thursday, April 2, 2009
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