Photo 1 of 1
$63,000
Sold on 7/19/17
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 2 |
1.00 |
880 |
$573 |
1959 |
|
On the market:
55 days
|
View full details, photos, school info, and price history
NOT BANK OWNED, CAN CLOSE TOMMORROW. Handyman special. Perfect investment for a hold and cash-flow or fix and flip. After Repair Value $90,000. Currently, tenant occupied and cash flowing. Strong financials. Double digit capitalization rate of 14%. The IRR is almost 30%. Buy and hold, rent and collect rent into infinity, or renovate and sell for a quick profit. Quiet road that ends in a dead end. Big backyard. Electric was recently upgraded. Air-condition blows ice cold. Main roof was newly replaced. NO REASONABLE OFFER WILL BE REFUSED. Owner will consider owner financing with 20% down.
Listing courtesy of Cardiff Howell, CENTRAL TOWER PROPERTIES