Hey guys, this unit would make a great buy and hold rental. Buy this one cash and pay the monthly condo fee of $150, escrow $150/mo. for taxes and $50/mo. hazard insurance then sit back and collect a rent check from $950-$1k! $600/mo. of positive cashflow isn't a bad deal, right?PROPERTY INFO.* Address: 3890 26th Avenue, Temple Hills, MD 20748* Currently set up as 2 bedrooms, 1 bath, duplex condo* Wholesale Price: $35,000* Estimated Renovation Cost: $2,000 (Both kitchen & bath have been updated. Only minor touch up painting and clean up needed)* ARV = $85,000INVESTOR COMPS in 20748 (What Investors are paying. Please do your own due diligence & analysis.)• 2575 Iverson Street SOLD - $35K 10/11• 2414 Iverson Street SOLD - $32K 1/12• 3801 26th Avenue UNDER CONTRACT - $39.9K PHOTO LINK• http://s1234.photobucket.com/albums/ff401/dmvwholesaledeals/3890%2026th%20Avenue/ NEIGHBORHOOD/VICINITY• This unit is close to everything!!! Steps to Iverson Mall, Hillcrest Heights public library, public transportation, and shopping. Minutes to DC, I-495, I-295, Suitland Parkway, and downtown.An earnest money deposit, proof of funds, and use of our title company steals this great deal. For additional information please view our web page http://www.dmvwholesaledeals.com or contact us by phone on (301) 641-6546.Thanks for looking!Ty Davis
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.
