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Updated over 11 years ago on . Most recent reply

User Stats

224
Posts
40
Votes
Michael Lerch
  • Investor
  • Grand Rapids, MI
40
Votes |
224
Posts

Rental Rehab in Gary Indiana. 24k All-In!

Michael Lerch
  • Investor
  • Grand Rapids, MI
Posted

Wholesale Property with great rental potential for $10,000!
Potential Rent after repairs is $700-$800 /mo depending on updates made.

5007 W 7th Ave. Gary, IN 46406.

3 bed
1 bath
750 finished sqft
Garage in the back.

Est Repairs: $12,000

  • Windows
  • Interior work (paint, carpet, trim)
  • landscaping
  • Updates to kitchen and bath
  • Garage door
  • Possibly roof, but unconfirmed.

Asking $10,000

purchase 10k
repairs 12k
closing 2k or less

total all-in = $24,000

More details to come. Looking to sell asap. Looking for cash buyers / landlords in the Gary Indiana (IN) market.

Thanks!

616-466-4943

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