Updated almost 9 years ago on . Most recent reply
3/2 & 1/1 separate structure - 1/1 has tenant with lease
| Asking Price | $120,000 | Occupancy | Rented |
| Deposit Required | $10,000 | Occupancy Notes | The back unit was just put under lease for $800. Security deposit is $400. Tenant pays utilities. |
| Frame/CBS | CBS | Lease Information | Lease |
| ARV Minimum | $170,000 | Rental Amount | $800 |
| ARV Maximum | $180,000 | Estimated Rent | $2,300 |
| Property class | Duplex | Security Deposit | Yes |
| Bed | 3 | Lockbox/Tenant information | |
| Bath | 2 | Access to House | Appointment only |
| Bed 2 | 1 | Home Owners Association | No |
| Bath 2 | 1 | H.O.A. Community Name | |
| Bed 3 | H.O.A Contact Name | ||
| Bath 3 | H.O.A Contact Number | ||
| Bed 4 | |||
| Bath 4 | |||
| Parking | None | ||
| SQ Feet - Living Area | 1,616 | ||
| Central/Wall Unit | Central Air | ||
| Year Built | 1937 | ||
| Pool |  | ||
| Rehab Amount Min. | $8,000 | ||
| Rehab Amount Max. | $10,000 |
| The property is in good shape, but the front unit will need new flooring throughout, one window will need to be replaced and a few cosmetic updates will be needed in the bathroom. |
| Charming duplex located in Liberty City. The property consists of a 3/2 and a detached 1/1. It is privately fenced in and has tons of curb appeal. The property can be offered at a whopping 13% CAP rate after rehab. This a great opportunity that will not last! |
| ***Buyer agrees to assume property with current occupant/s. Leases will be provided prior to closing. Buyer agrees to assume property with open code violation - CE2015002837- Illegal units – Roughly 92k Lien owed *** The zoning calls for two units on the property however the back unit was done without permits and needs to be legalized. Zoning T3-L : single-family home with an accessory unit (sometimes called a “granny-flat”); Left side of the house was a converted carport that is frame. Everything else is CBS. Two meters |
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