HUGE OPPORTUNITY for value add & cash flow! This property is a 6-Plex. All six units are one bed, one bath apartments combined in a total of 1631 sqft. Property includes a garage, a concrete slab, and an extra lot to utilize for additional parking.
This is an extensive rehab job. All units need a complete remodel. This property is situated next to a beautiful brick 4-plex that has already been remodeled!
PRICE: $30,000
ARV: $150,000 (conservative)
REHAB: $80,000
RENT: $3900 combined; $650 per unit
***ARV & Rehab numbers are estimates provided as a courtesy based on our experience, but as always please do your own due diligence