This property is located in a great area of Jefferson and is close to everything, hop on River Rd. or Jeff Hwy in seconds!! Here's the break down on this property it's a 3/2, efficiency (back of house), and 1/1(above garage). The efficiency and 1/1 are in great shape! In fact the efficiency is currently rented for $400. The 1/1 was rented for $650. The 3/2 has damage and will need some work. From my estimates about 25k-30k. Plumbing and Electrical are good but the rest of the house will need some TLC. The hardwood floors will need to be refinished. Kitchen area will need to be a remodeled (repair flooring and cabinets) but this shouldn't take much. The interior will need to be painted and some patching of drywall will need to be done. Bathrooms will need a make over. Some patching of shingles. The 3/2 rented for $1250 and could easily be achieved with a basic remodel. Total rents for this property could be $2300 possibly more That's $27,600 a year!
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