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2 more city rentals/rehabs with seller financing

For Sale
Post

Brian O'Neill

posts 65

7:04 pm December 29, 2011

1

We have 2 more city rentals with rehab started.   We can complete the rehabs in the next few weeks or turn the keys over for you to finish.   Seller financing to investors available for 6 months.

 

410 East 10th–was a 3br, now a lovely 2.   New heater, hot water heater, roof.  Will need paint and carpet to finish.   $45K as is.   $55K complete.   Will rent $850 +/- Section 8.

 

244 N. Franklin–3br, new roof and windows.   Previous owner had new heater, hot water heater and electric installed about 5 years ago.  Right now it needs drywall overlay, paint, carpet (about $15K to complete).   $45K as is, $65K complete.   One of our long-term tenants is willing to rent it at $800/mo, but we have not signed a lease.   Sec 8 rents will be around $950 +/-.

 

Completed prices will be soup-to-nuts with Sec 8 inspections included.  Interest waived until our work is complete.

 

Please give me a call at 302-750-0332.  Brian.



 

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