REDUCED!!!! LOOK AT THIS PRICE! WHY RENT WHEN YOU CAN OWN! BRING ME YOUR BEST OFFER! GREAT OPPORTUNITY TO FIX AND SAVE! CLOSE TO ALL THE AMENITIES.
This is a wood siding contemporary style ranch home with two car garage built in 1990 that is in great need for some paint! Home has FHA financing insurability with repair escrow.
This home offers 3 bedrooms with 2 full baths and has a very private back yard.
This home needs very little work to be rent ready! Depending upon how picky you are could probably spend less than $8000 to have rent ready. I would paint the entire house, replace the garage door, add new flooring and let it be rented! The following is estimated repairs to retail: interior/exterior paint - $4500, re-roof, gutters and downspouts - $3500, new flooring - $2500, garage door - $1000, appliances and new light fixtures - $1500, misc. repairs and landscaping - $1000. Total rehab expense to retail $10k to $15k!
Tax value of $106,500! The home last sold for $103,700 on 6/5/01 and for $72.9k back on 4/20/92. After rehab I would price house at $90k for quick sale or keep in rental portfolio for future wealth. The neighborhood will easily afford market rents of $800 per month maybe even a little more.
Any questions contact me. Kevin morice @: 678-427-7700 www.thisgreathouse.com
Tuesday, March 3, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment