$210k Folsom PA duplex - negotiated below list - COC 14% CR 9%
Very clean duplex that was previously owner occupied. Should rent for $2750-2850 a month, including an already rented detached 2 car garage ($225). Could use some upgrading, but can also be move-in ready. Owner contacted our company for PM services, but has decided he wants to pursue a sale because of his margins are too small with an existing loan from pre-bubble of 2007. Our company is syndicating 5+ units, so I am passing this along as a great find. Please contact me directly if you are interested. We offer management services and can GC repairs. I will serve as a buyer agent or assign a contract for $4k. This is a quick win for a newbie investor and an even better opportunity for a first time homebuyer that will live in a unit. I've done the analysis and taken pics. BP Rental Analysis and Pics
*Additional due diligence is still required, which we can also help with
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Real Estate Agent Pennsylvania (#RS334545)
- Hearthfire Holdings
- Podcast Guest on Show #545