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T. Phoenix Howard
  • Rental Property Investor
  • Savannah, GA
8
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59
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Wholesale Deal is ONLY available to Cash Buyers who can close Immediately!

T. Phoenix Howard
  • Rental Property Investor
  • Savannah, GA
Posted Sep 19 2014, 01:05

Multi-family Home w/In-Law Suite
$180,010 Purchase Price
After Repair Value:  $235,000
$5K - $7K in Repairs Needed
Must Close All Cash in 7 Days
3 bed / 3 bath
1700 Square Feet Total
Main Home - 1300 Square Feet
In-Law Suite - 450 Square Feet
9574 Sq. Ft. Lot
Built in 1950

Both units fully remodeled in last 2 years.  Main house split floor plan (2 bd/2full bath). 1 bedroom and 1 master bedroom with full bath and full size Jacuzzi tub.  Very big kitchen open to living/dining area with newer cabinets and recessed lighting.  Real hardwood floors throughout front living area.  New carpeting, new bathroom in master bedroom.  Ceiling fans throughout house, new main breaker panel 110/220v.

In-Law Suite is detached and fully self-sufficient.  New tile floor, new carpeting, new bathroom with full size Jacuzzi tub, fans, appliances, glass french doors open to back yard and has own sub panel with 110/220v.  Guest unit was rented for $600 that included utilities.

?A courtyard connects the two properties.  Landscaping in back and cinder block wall around whole house.  2 RV gates, 1 to alley and 1 to front.

Repairs needed are:  Roof started to leak from last few storms, paint, little stucco repair, patio door was shattered from recent storms, some landscaping, fascia repair on in-law suite, kitchen counter top.

Permits and Add on Info:  Seller did all the add ons and remodel in the last 2 years.  Everything is up to code but it needs to be approved by the city.  Seller's architect already drew up the plans to submit.   The new square footage assessment (from 900 sq. ft. to 1700 sq. ft.) will be updated in less than two months.  It will be 2 years before new taxes are assessed.  The county assessor already put the updated diagram of the house on the website.

Washer, Dryer, Refrigerator all convey.

Please email [email protected] or call (602) 300-1897 to schedule your walk-through today!