Up down duplex. Each unit has 3/1 over 2,052 sqft.
Upstairs unit is currently rented for $550 with the tenant responsible for ALL utilities (water, sewer, trash, electric)
Month to Month lease
Both units are metered separately.
Downstairs unit is vacant and will need paint, light fixtures, carpet removed (original hardwoods are under) new flooring in kitchen, updates in kitchen and bath are needed. ★★★
Both units have furnaces, A/C, and hot water tanks that have been maintained and newer motors.
The roof is 10 years old, in excellent condition, sealed and tarred. Newer soffits and facia as well.
The front porch/steps will need attention.
Covered carport in back.
The rehab number below accounts for the updates needed for the vacant unit.
The upper unit will also require updates but it is not accounted here as it is currently tenant occupied.
ARV: $160 – 165K
Ballpark Rehab: $25K
Asking Price: $90K
*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.