6313 Morris St
This 2/1 on the south end of St. Joseph is an amazing BRRR opportunity and needs only a medium level of work to be ready for new renters and be cash flowing!
It features a covered front porch, newer looking roof, mostly vinyl windows, and a good-sized back yard with a shed. A gravel parking spot could easily be added off of the alley in the back for off-street parking.
The exterior paint is in good condition, though some of the window trim needs replaced or patched/painted. A new gutter is needed in the back.
There is a small dirt basement where the furnace and water heater are kept. These are believed to be in working order.
Part of the inside has been repainted. The interior does need a full bathroom remodel, kitchen remodel, paint, flooring, and fixtures. The carpet has an odor, but new flooring and paint will freshen the place right up.
The house has a window AC unit but not an AC condenser.
A $25,000 remodel will have this place looking sharp and provide excellent cash flow!
ARV: $120,000
Asking Price: $35,000
Estimated Rehab: $25,000
Estimated Rent: $850/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.