This is priced to sell----this home has more than meets the eye......you could actually make this a 2 3 bed units and 1 2 bed unit increasing you NOI....this is a full rehab projected to be around $35000 to 40k depending on your ability to purchase material and control of labor cost. If you are a novice or new to the game, this is not for you. Experienced investor can turn this around on the lower end and make bank! Even after the rehab and the cost of the structure you still end up with equity in the structure. Win Win!!!
Remember--this is a HOLD not a FLIP---price is firm as the completed project your return will be solid--$950 to $1050 per unit and with the bonus unit another $550 per month--bringing this unit to a comfortable to a $2450 to $2700 per month or up to $32,400.00 per year ROI....How do you not win with this project?
Don't wait and this will not last too long Land contract terms are 35k for sale price
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