Updated about 7 years ago on . Most recent reply
**Hot Property** Fully Renovated Just Collect Rent
I have the contract on 2-Family home that contains 2,065 sq ft and was built in 1920. It contains 4 bedrooms and 2 bathroom. This home last sold for $75,300 in October 2015. Fully rehabbed in 2015. Both tenants on monthly lease of $550 a month for a total of $1100 amount monthly. $13,200 annually. Rent is below market. Market rent is closer to $650.
Great opportunity! Rare find!! Seeking Cash buyers! Potential rate of return between 17-21% with 5% vacancy rate and 30% expenses. Exterior photos taken 8/11/2018; interior taken prior to occupancy. **Exterior Photos Taken 8/11/18. Interior photos taken prior to occupancy.**
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