1618 Savannah Ave
This two-bedroom, one-bathroom 1064 sq ft house is a turnkey opportunity on the northern side of St. Joseph near St. Joseph Ave. The home was recently renovated within the last couple years, and prior to the most recent tenant moving in, the interior was repainted. The tenant just moved in and is paying $895. They are not smokers, but do have a pet.
This home in as-is condition would likely appraise for $80,000-85,000, and further enhancements could bump ARV to $100,000-110,000.
Asking Price: $69,000
Estimated current appraised value: $80,000-85,000
Estimated potential ARV: $100,000-110,000
Est Rent: $895/mo
*Rehab descriptions are provided as a courtesy. We strive to help investors have a better understanding of possible needs and numbers. Information provided here is NOT an exhaustive scope of work nor is it a bid for contractor and labor. Please do your own due diligence as numbers/ARV are not guaranteed; they are based on our current knowledge of the property/market, experience, and a quick walk through.