This is a duplex with a 1/1 upstairs and a 2/1 downstairs. Currently the upstairs unit is vacant and needs renovation. Rehab would include paint, light fixtures, switch plate covers, flooring, bathroom update, window blinds, smoke alarms. Downstairs unit is occupied and was not able to be viewed at the time. This property has a total of 3 bedrooms and 2 bath with a total sq. ft. of approximately 2500.
ARV: $140,000
Repairs: Upstairs $20K, Downstairs/Exterior, $30K, Total $50K
Assignment: $48,000
Approx Potential Rent: $1500/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.