Property Description:
Property Description: - First Property is a multifamily home with 3 units ( 2-1 bed, 1 bath units and 1- 2 bed, 1 bath unit), 1981 sqft, built in 1948, 0.94 acre. Units 1 and 3 are tenant occuppied, paying $525 each on a month to month lease. Second Property is a 4 bedroom and 2.5 bath SFH,1932 sqft, built in 1954. Currently occupied by a family member who has agreed to move prior to closing. These properties can be sold together or with an entire rental portfolio that consists of 5 SFH, 1 MFH, 1 Mobile Home, and 7.91 acres of land!!!
Work Needed: -Exterior: roof, windows, some siding repair, paint exterior, front porch repair. -Interior: floors in unit 2, standard cosmetics throughout.
Ø ARV: $340,000 (together)
Ø Estimated renovation budget (our opinion): $55,000 (together)
Ø Asking price is a low $150,000 Cash or hard money only.
Ø Deposit: $2,000
Ø Close via Assignment/ Double Close: (TBD) OR 4/26/2021
Buyer must do their own due diligence and verify all information. Deposit is due at the time of offer acceptance. Tenant occupied so sight unseen offers are preferred but limited viewing time can be accommodated with a soft verbal offer. Text Breyana at (336) 585- 8844 for more information and photos/videos.