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Ronald Rojas
  • Real Estate Agent
  • Durham, NC
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BOARDING HOUSE!!! $2400 RENT PER MONTH!! FOR SALE $70K

Ronald Rojas
  • Real Estate Agent
  • Durham, NC
Posted Oct 23 2014, 13:55

IF YOU'VE BEEN LOOKING FOR A BOARDING STYLE HOME, THEN LOOK NO FURTHER!!!


THIS 5/6 BEDROOM HOUSE WILL ALLOW YOU TO GENERATE $2,000-$2,400 A MONTH!!!

Address: 211 Hay St High Point, NC 27260
Specs: 5/6 Beds / 2 Bath, 1500 sqft, Built 1935
Asking: $70,000
Repairs: $2,500-$5,000 (Carpet + Patchwork/Paint - IF you wish, otherwise just clean carpets)
Rent: $900-950/mo (Single Family) OR $100/wk (Boarding Style - As it's currently being used)
Taxes: $299/yr
Utilities: $550/mo (this would be included if used a boarding home)
Insurance: $120/yr
Potential Annual ROI (Boarding Home): 29%!!!!!
Potential Annual ROI (Single Family): 15%
***Currently used as a boarding home with tenants paying $115/wk each. Getting the rooms rented out is not be a problem, but does not need to be used as a boarding home***

Please email me [email protected] or call 919-912-9207 for more information. This is a great opportunity!

- Ronald Rojas

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