Great opportunity for a fixer-upper! The exterior of the house currently looks a bit rough, but the interior is actually pretty nice, and this is a great opportunity for someone to add value. Home was a great rental for several years and last rented for $1,375 per month. There was a fire at the house next door and the fire damaged some of the exterior siding of this property, but there was no fire damage inside. It sat vacant while the owner battled with insurance, and there have been some break-ins and vandalism while it has sat vacant. The previous tenants never had any issues, and the next-door neighbor has been living there for almost 40 years. The plumbing and electrical are in good shape and there are no major repairs that are known of. The primary need is exterior siding, some window repair, and determining what you want to do for any value added to increase rents. The property is only available for group showings once per week. The seller holds a Nebraska real estate license. Price $94,000. The estimated ARV is $150,000 to $165,000. Largely depends on what you do to add value. Previous Rent: $1,375. 3 beds. 1 bath. 1-car garage. Fenced back yard. Decent woodwork. Higher ceilings. Quartz Countertops. Refrigerator is included, but no other appliances are included. Washer and dryer hook-ups are on the main floor. You could potentially add value and increase rents with the following upgrades: There is an attic or dormer area that could possibly be an additional bedroom, but you must access this space from a current bedroom There is space in the basement for 1-2 non-conforming bedrooms or some additional living space. You could also easily add a 3/4 bath in the basement. There could be a gate to the backyard (on the west side) and there is alley access. The most recent interior pics are on Zillow, but there has been some drywall damage and vandalism. Primarily needs drywall repair and paint.
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