Perfect Rental Property, Only Minor Repairs Needed. 2 Houses on 1 Parcel! House Rental at Cash Flow Investors Portal in Florida, USA
Perfect Rental Property, Only Minor Repairs Needed. 2 Houses on 1 Parcel!
Year Built: 1935
$82k + CC ARV $125k CAP 17%
2 properties on 1 parcel:
Total market rents $1250 Wood frame Built in 1935 Vacant but will need to schedule walk throughs ahead of time
The front house is a 2/1 and the back house is a 1/1, they were both rented, but they're Vacant now. Rents can be raised up a little bit depending on the buyer. It's a great rental investment, minor repairs needed only and some painting from the inside and it's rent ready.
Front House can be rented for $825/mo is a 2/1 and has: - New heater, floor, kitchen, windows - Has Central AC - Was rented for $725/m not including utilities.
Back house can be rented for $425/mo is a 1/1 and has: - AC Window unit - Needs flooring, paint from inside - Was rented for $375/m not including utilities. - Roof is good but do not know the age