Calling all investors and DIY'ers! The county lists this home as a 2-bed home. However, there is a 3rd bedroom without a closet. Could easily rent as a 3-bed! The house is being sold as-is without disclosures and is in need of repairs. Bring your ideas and tool box. ***The home is occupied. Please do not approach without an appointment.*** The electric was upgraded to 100a service in 2014. Some new windows have been installed. Smoke free home. Newer vinyl siding. Detached 2-car garage with entrance from alley. 2 blocks from Hyde Park Beautiful, original hard wood floors. Recently remodeled bathroom. Purchase price: $14,950 Estimate of repairs: approx. $15,000 (please verify with your own contractor) Closing costs: $1,500 All in costs: $31,450 Market Rent: $700 Vacancy: -$56 (8%) Mgmt Fee: -$70 (10%) Maint/Cap Ex: -$97 (17%) Insurance: -$65 Taxes: -$42 Net monthly income: $370/mo Annual ROI: 14%! Call/text 913-800-7677 for an appointment to see the property.
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.
