This home is ready for investor, or owner ready for a home needing minor updates.
Investors – Market rent in this area are $2,300/mo. HOA has no short term (6 months min) lease requirement. No cap on rental units in development. Home need flooring, interior and exterior paint, minor deck repair, new stove, minor fascia/Soffit repair. All major systems are in good working condition. We estimate $25,000 in repairs with a ARV of $385,000.
Homeowners – This is a great opportunity to get into a great area at a great price. Home is move in ready, however you will need to purchase a stove and be spend some sweat equity on the home.