2 EXISTING HOMES & 2 BUILDABLE LOTS! Large house has 4 bedrooms along with 1 non egress bedroom that could easily be turned into a legal 5 bedroom and 2 full bathrooms. It has some upgrades including; new vinyl windows upstairs, new bathroom fixtures, new flooring in living room and bedrooms, new doors and trim. So full of possibilities for equity. Small house has 1 bedroom and 1 bathroom, it is in need of moderate updating but does have a new water heater. Both homes electrical systems are updated to breakers and all knob and tube have been decommissioned. Vacant lots are each 10,000+ sq Ft and ready for building. All engineering and surveying have been performed and paid for. Final plat will be applied for by the Seller upon Buyer's approval of preliminary plat performed. Property currently cash flows at a 5% cap rate but both units are rented under market rent and can be adjusted. Large house lease ends January 2024 (does not roll over to month to month). Small house tenant on month to month.
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