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Cynthia Wright
Pro Member
  • Hyattsville, MD
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87
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TWO PROPERTY PKG/ GROSS RENT $1650/ 45K OBO

Cynthia Wright
Pro Member
  • Hyattsville, MD
Posted Dec 11 2018, 11:21

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

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

Gross Rent - $1,650 per month

Property -  W Hadley St 1443 sqft / N 22ND St 1980 sqft

Things to know - W Hadley St is a duplex being Occ by single tenant @ $600/M Tenant pays all Utilities.  North 22ND ST currently Occ as a rooming house , 3 OF THE 6 UNITS Occ with the ability to boost rent to an ADDITIONAL $1,050 / MONTH AT FULL OCCUPANCY 

Extras - Deal can be purchased with property management , contractor, handyman, , property insurer, conventional lender etc... on day 1!!! Leverage my network for high success. Suggested strategy is buy then leverage with delay financing and pull 70% of appraised value back out and still cash flow. COCR around 50% once leveraged.

W Hadley St

N 22ND ST

Cynthia

[email protected]

Offering

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