$59,000

Residential ยท MLSยฎ A2290205
3Bedrooms
2Bathrooms
981.67Sq Ft
2Garage
1950Year Built
02 / Overview

PROPERTY OVERVIEW

Sold As-Is, Remediation Required.

Attention investors, contractors and renovation specialists! This property is being sold as-is where-is and presents a prime opportunity for those ready to take on a full remediation project.

The home has experienced significant water damage, ongoing moisture issues and will require immediate remediation. Utilities are currently not connected and the property will not be suitable for traditional financing in its present condition.

Features a double detached garage, Spacious lot with redevelopment potential, Solid layout ready for reimagining.

This...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area981.67 sq ft
Lot Size6,750 sq ft
ZoningR2
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorNone
BasementFull
Year Built1950
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,607After mortgage & expenses
Cap Rate37.1%Based on market rents
Cash on Cash Return163.4%With 20% down payment
Est. Monthly Rent$1,868Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

HANNA

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Elizabeth Kukulsky ยท Real Estate Centre