Buy it for $18,000 Rehab it for $20,000 (less if you do it yourself, could be more depending on finishes) Rent it out for $600 / month or sell it retail for $60,000. 2 bedrooms, 1 1/2 baths, kitchen, dining room, living room and sun room that has been used as a third bedroom in the past. Built in the 1930's. Solid brick structure, roof is decent - not new, but no leaks. Rehab: Replace several broken windows Patch sub-floor in living room Replace and / or patch drywall throughout home Paint Interior Install carpet and linoleum downstairs Install window unit air conditioners Optional: Refinish original hardwoods in the upstairs Cover shingle siding on the exterior eaves (second story) or just remove them to expose the brick. Replace roof Update electrical wiring Add appliances (fridge and stove) Add central AC $18,000 cash takes it. Need to close by September 4 at the latest, or I will begin rehab and the price will go up. (:.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
