Description
Excellent investment opportunity! This duplex is approximately 75% completed & has a large 3rd floor that can be converted into a 3rd unit & is already plumbed and includes a shower pan. The home has been priced to sell in its current value add condition at way below market value. With a little sweat equity, this home is the perfect investment! You can also live in one unit & rent the other, let the rental income pay your mortgage! The home has luxury vinyl flooring throughout the 2 units and a new electrical panel. The home has forced air heating, so the duct work is already available to add central air. Some brand new appliances are included & some materials are there for you to finish off some of the projects. The home features new vinyl siding (some put on already and additional material is there), new vinyl windows & all new light fixtures as well. The roof has been torn off, newly decked in 2022 with new three dimensional shingles; the front porches have been rebuilt from the foundation up. Great location, as it is close to highways & hospitals, making it a great short term, or long term rental property. Agent also has access to contractors & resources to assist you in completing this project to get the cash flow started, if you are not able to complete yourself! Depending on your finishes, if completed, you would pay roughly around $250K for this property. To discuss further, or to schedule for your private showing, reach out today!
-
5BEDS
-
0.08ACRES
-
3BATHS
-
01/2 BATHS
-
2,128SQFT
-
$0$/SQFT
Listing information © 2024 YES-MLS.
Description
Excellent investment opportunity! This duplex is approximately 75% completed & has a large 3rd floor that can be converted into a 3rd unit & is already plumbed and includes a shower pan. The home has been priced to sell in its current value add condition at way below market value. With a little sweat equity, this home is the perfect investment! You can also live in one unit & rent the other, let the rental income pay your mortgage! The home has luxury vinyl flooring throughout the 2 units and a new electrical panel. The home has forced air heating, so the duct work is already available to add central air. Some brand new appliances are included & some materials are there for you to finish off some of the projects. The home features new vinyl siding (some put on already and additional material is there), new vinyl windows & all new light fixtures as well. The roof has been torn off, newly decked in 2022 with new three dimensional shingles; the front porches have been rebuilt from the foundation up. Great location, as it is close to highways & hospitals, making it a great short term, or long term rental property. Agent also has access to contractors & resources to assist you in completing this project to get the cash flow started, if you are not able to complete yourself! Depending on your finishes, if completed, you would pay roughly around $250K for this property. To discuss further, or to schedule for your private showing, reach out today!