80K Assessed Asking $45K Sec 8 Rent $935.00 per month 3bed 2/bth

[Shawn Ackerman]

Buyer responsible to do their own due diligence. Property(s) sold as-is. $1000 non-refundable deposit required. IKRE,LLC is selling it's equitable interest in the property(s).

Please Email inquiry to [email protected].

Single Family Property

Purchase Price: $45,000 
Property 1. Built in 1939 

1200+ interior Sq Ft 

3 Bedroom,  2 Bath 

Exterior: Alum/Vinyl 

Gross Rent $935.00

Annual Taxes: $2,246.00

Notes: Single family deal with 3 bedrooms / 2 bathrooms currently occupied by section 8 tenant on a 1 year lease agreement.  Current rent $935.00 per month.  Property has newer roof and mechanical.  Property assessed value is $80,000 so will be valued higher than purchase price.

Extras: Deal can be purchased with property management(10% of gross rents collected), contractor, handyman on day 1!!! Leverage my lender, Title Co and rental property insurance carrier at no additional cost.  Excellent property for the passive investor or out of state investor.  Great addition to any portfolio.