Average square foot calculated using Size range provided by listing agent.
Description
INVESTOR ALERT! Incredible opportunity to add 9 cash-flowing doors to your portfolio! This unique package includes 3 single-family homes and 3 duplexes (9 total units), all situated on one parcel: 200, 202, 204, 206, 208, 210, 212, 214 & 218 3rd Ave N. These properties crush the 1% rule, with a combined ARV Market Rent of $7, 425/month and a price tag of just $395, 000. Each 2 bed / 1 bath unit has an ARV Market Rent of $825/month. Current occupancy includes three rented units bringing in $2, 215/month (one at $825, two at $695). Some of the vacant units need some work to make them rent ready, approx $3, 000 each per seller, but a lot of updates have already been made: including several new roofs, HVAC systems, flooring, all exterior paint, appliances, water heaters, and more. TENANTS PAY ALL UTILITIES! Whether you're a seasoned investor or just expanding your portfolio, this is a high-yield opportunity you don't want to miss!Show Description