$499,000

Residential · MLS® A2285214
3Bedrooms
2Bathrooms
1,027Sq Ft
2Garage
1958Year Built
02 / Overview

PROPERTY OVERVIEW

***** ATTENTION BUILDERS, INVESTORS, RENOVATORS, HANDYMAN ***** THIS INNER CITY HOME ON A HUGE LOT IS LOCATED IN DESIRED SOUTHVIEW!! ZONED R -CG AND IS WAITING FOR YOU TO BRING THIS SPACE TO YOUR OWN APPROVED PLANS!!! THIS PROJECT IS UP FOR SALE AND IS SOLD "AS IS" WHERE IS" WITH A GREAT OPPORTUNITY TO BUILD YOUR OWN STYLE OF LONG OR SHORT TERM INVESTMENT. !! OF COURSE YOUR PLANS MUST MEET...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,027 sq ft
Lot Size6,447 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorOther
BasementFull
Year Built1958
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$264After mortgage & expenses
Cap Rate3.8%Based on market rents
Cash on Cash Return-3.2%With 20% down payment
Est. Monthly Rent$1,947Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SOUTHVIEW

Moderate Investment
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Investment Score73/100
Avg Home Price$515K
Active Listings5
Listed by Doug Brown · TREC The Real Estate Company