This property presents a solid investment opportunity for either a rental or a flip. The estimated After Repair Value (ARV) is $170,000, and estimated monthly rental rates in the area range from $1,450 to $1,600. The seller has completed many updates over the years, making this a steady income producer that does not require major repairs to be rent-ready. The main repairs needed are replacing some copper at the hot water tank and the main water line in the basement; the rest of the house uses PEX lines. Rear deck needs some repairs as well. The furnace and hot water tank has been replaced within the last 3 years. Please let me know if you would like more details.
Listing Courtesy of: Michael D Payne, mikepayne2@msn.com With Cutler Real Estate
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