Rare Tenant Occupied Single Family Home – Great Investment Opportunity

Asking $ 201,500
  • Tenant occupied lease expires 4/1/25 Buyer to verify ALL items of importance including schools, fire, garbage fees, sq. footage etc.
  • Single Family Home with 3 bedrooms and 2 full bathrooms
  • Property is currently tenant occupied until April 2025
  • Great location with quick access to major commuting routes, shopping and schools
  • Highly appreciating area with strong rental market
  • Property has been on the market for 52 days so there could be room for negotiations either before or after inspections
  • Good schools
  • Awaiting interior pictures and current rent being paid by tenant
  • Upper level has 1228 square feet, basement has 476 per MLS listing
  • No HOA charges
  • Updated On:
  • May 16, 2024
Property Id : 66141
Price: Asking $ 201,500
Property Size: 1,704.00 ft2
Property Lot Size: 1,704.00 ft2
Rooms: 7
Bedrooms: 3
Bathrooms: 2
Year Built: 1973
Garage: Side
Garage Size: 1
External Construction: Brick
Rent (mo): 1700
ROI (ann): 18.4%
Cashflow (mo): 193
Property Taxes (mo): 145
Insurance (mo): 125
Repairs (mo): 100
Management Fee (mo): 130
Leasing Fee (ann): 488
HOA (mo): 0
Vacancy Rate (ann): 48
$ 1,207.09
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 955.21

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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