I hope that everyone's week is starting off well. I've got these individual houses for sale and I'm checking to see if you have customers for them. We can discount and sell this as a package as well.
These properties generate a combined $30,000+ per year in rent after taxes and expenses. The renters pay for their own utilities, including water. Below listed, is important information about the properties. These rentals will come without any major issues, as the property manager has been diligent in repairing problems as they've come up, and rehab work has been done where detailed below. Interested buyers will receive spreadsheets and additional info on each property.
The package is for sale for $160,000 or best offer. This property is being offered at a cap rate of 0.1875. Also, you can buy any property separately.
1. 37 S. Avondale Ave., Columbus, OH 43222 - 1400 sqft.
Duplex -- 1st floor -- 1 bed, 1 bath, Living Rm, Big Kitchen, Basement Rent: $350.00
2nd floor -- Separate Entrance, Big Kitchen, Living Room, Attic w/stair entrance Rent: $300.00
Total Rent - $650.00 Individual Sale Price: $28,500
2. 854 Murray Ave., Columbus, OH 43219
2 Bed, 1 Bath, 700 sqft., Attached Garage, New Windows, Hot Water Tank, 3 Year Old Furnace,
Rent - $550.00 Newly Leased for 1 Year Individual Sale Price: $26,500
3. 1246 Dellwood Ave., Columbus, OH 43227
3 Bed, 1 Bath, 1204 sqft., full basement, Bi-Level
Rent - $600.00 per month -- 5 year renter in place (2009) / Rent Never Raised Individual Sales Price: $44,000
4. 1101 Barnett Rd., Columbus, OH 43227
3 bed, 1 Bath, 1109 sqft., Sunroom, Garage, New HW heater, New Furnace (1 Year old), Full Basement, New Windows,
Rent - $595.00 per month -- 2 year Tenant/No Rent Increase/Month to Month Individual Sales Price: $44,000
5. 1121 Smith Rd., Columbus, OH 43207
3 Bed, 1 Bath, 1325 sqft., New Windows, New Roof, New Kitchen, New Bath, New Water Heater, Full Basement
Rent - $700.00 per month -- 2 Year Lease Expires May '2017 , Tenant Pays All utilities Individual Sales Price: $44,500
Thank you for your time
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