Use this as a duplex – Do 10k in updates and the rent will be at least $1,050 per month with the tenants paying utilities. Will draw nice tenants. Flip this as a single family – Do 25k to 35k in repairs and resell for $100,000 to $130,000 Check it out here…. Currently set up as a duplex 1st floor: 3 bedrooms, 1 bath, living room and kitchen 2nd floor: 1 bedroom, 1 bath, living room and den One car integral garage Located in an awesome neighborhood with 1 acre of land! Newer windows Newer furnaces Separate gas and electric Electric is breakers Roof looks to be in good shape 2 driveways Work needed but not limited to – use as a duplex: flooring and paint, kitchen cabinets on second floor, replace copper Work needed but not limited to – use as a single family: flooring and paint, move location of first floor kitchen to rear of house, remove wall and add railing at interior steps to second floor, replace copper, landscaping Estimated market rent: First floor $650, second floor $450 plus all utilities Estimated after repaired value: As a duplex $75,000 as a single family $100,000 to $130,000 depending on finishes
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