Skip to content
Classifieds

User Stats

2,922
Posts
1,207
Votes
Shawn Ackerman
Pro Member
  • Real Estate Entrepreneur
  • Mid West, East Coast
1,207
Votes |
2,922
Posts

SOLD!!!!!!100% OCC Duplex +SFR Packge / Rent $1835 / 20% Cap

Shawn Ackerman
Pro Member
  • Real Estate Entrepreneur
  • Mid West, East Coast
Posted Oct 19 2018, 08:02

Buyer responsible to do their own due diligence. Property sold as-is. $2000 non-refundable, IKRE,LLC is selling it's equitable interest in the property.

Please Email inquiry to Cindy at [email protected]. photo/Lease agreements available!!!

Gross Rent - $1,835.00 per month

Expenses under $800.00 per month including Water, Taxes, insurance and reserves for Cap ex, vacancy, Management, routine maintenance etc..

Property - Single Family +Duplex (3 Units)

Things to know - Properties have solid roof(No active leaks).  Roofs are older electrical and mechanical are both operational and working fine. No foundation cracks or other large ticket items identified by Licensed GC. Property comes with professional management who can manage repairs and tenants. Repair estimates under $5K.  Both properties inspected and approved and rented by rent assistance tenants. NO CODE VIOLATIONS

Notes: Solid addition to any portfolio. Suggested strategies buy cash and delay finance up to 70% of appraised value with our lender.

Extras: Deal can be purchased with property management (8-9%) of gross rents collected), contractor, handyman, , property insurer, conventional lender etc... on day 1!!! Leverage my network for high success suggested strategy 

Offering

Loading replies...