Updated almost 7 years ago on .

1678 SqFt Buy & Hold in Lancaster |Section 8 Tenant |Rent Ready!
Great buy and hold with little deferred maintenance in a quiet Lancaster neighborhood! Lots of room for value-add.
The neighborhood is ideal for long-term tenants. Very quiet and DOM are below average. Home is currently rented by a Section 8 tenant who has kept the home in beautiful shape and is paying $1579 rent (almost $150 over market rent)!
You'll have two options here:
Option 1: Take HML (or cash) for acquisition, re-fi and collect cash flow for years to come (My recommendation)
Option 2: Move tenants out, do a very light flip, and collect a pretty decent profit after you owner finance to another family or list it!
Sales Price: $134k
ARV: $174,901
Needs: Carpet, Refinish Cabinets, Counters, Hot water heater (All minor cosmetics, great condition!)
Cash or HM only, please
For pics or further info:
Johnathan 469.609.7458