This 3 bed 1.5 bath cottage sits on a quiet street and has good windows, a nice dry walkout basement, and mechanics that are said to be in working order. The property will need a new roof and gutters, and an updated kitchen. We recommend new carpet for the bedrooms, new flooring for the kitchen/living room, and cosmetic updates to the front porch.
The current owner has done a number of recent touchups and this house is in good shape. Rehab estimates are $20,000 for a nice, rent ready property. Additional changes of interior and exterior paint colors would be at the buyers discretion, and could add an additional $4,000.
ARV: $126k
Rehab: $20-24k
Rent Estimate: $1000
Asking $58,000