This property presents a solid investment opportunity for either a rental or a flip. The estimated After Repair Value (ARV) is $160,000 to $170,000, and estimated monthly rental rates in the area range from $1,450 to $1,600. The seller has completed many updates over the years, making this a steady income producer that does not require major repairs to be rent-ready. The main repairs needed are replacing some missing water lines at the hot water tank, replacing the main water line in the basement, and repairing the rear deck. Key updates and features include: - Furnace and hot water tank replaced within the last 3 to 4 years - Roof in good condition - Renovated bathrooms - Vinyl siding and many vinyl replacement windows - Waterproofed basement Please let me know if you would like more details.
Listing Courtesy of: Michael D Payne, mikepayne2@msn.com With Cutler Real Estate
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