Photo 1 of 1
$120,000
Sold on 4/09/17
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
3 |
2.00 |
1,076 |
$1,571 |
1925 |
On the market:
50 days
|
View full details, 15 photos, school info, and price history
INVESTORS SPECIAL. Too good to be true!!!! Asking price $150k CASH ONLY! Way below ARV. Serious inquiries only. Up to $33,000 of potential annual gross rental income!!!! Great income property that can become your cash cow! Partially remodeled Vintage Spanish style home with a lot of potential for any investor. Currently a duplex that consists of a 2/1 apartment that is currently renting for $1200. Occupied by great tenants that have been there for 6 years and always pay on-time and planning to stay for many more years.
There is also an attached 1/1 renting for $550 a month both tenants receive monthly government assistance and both tenants are ready to sign a 12 month lease. The 1/1 is completely remodeled including bathroom ,flooring and kitchen. Also freshly painted.
The property sits on a large corner lot. Has potential to convert into a triplex. Brand new school opening soon across the street that will quickly appreciate the property value! 
This property also has a back structure of 600 sq ft that can become a 2/1 home with a potential rental income of $1,000 per month. This structure has new sheet rock and is ready for completion and the entire property is surrounded by a new fence.
Listing courtesy of Alejandro Gallego, SMART HOMES REALTY