Here are THREE homes on one parcel!!!
Are you thinking of being your own landlord or wanting and investment opportunity? Take a look at this single parcel that comes with THREE homes available for 42k, or best offer, and you do NOT have to have perfect credit!
This is an Owner Finance option, but cash offers are always welcomed.
These three homes were built in 1950 and range from 624-682 sq ft in size each.
These do need a little handyman work, and could be updated or improved, etc. You could live in one and rent the others, or rent out all three- you’ve got options!
Your payments can be the same, or less than rents, and will not change (other than taxes or insurance) until your home is paid off!
Addresses consist of:
812 W 25th- currently rented to a tenant
812 1/2 W 25th- currently vacant
812 A W 25th- currently rented to a tenant
$ 42,000 Sale Price
$ 3,000 Down Payment
$ 39,000 Balance @ 9.5% for 10 years
$ 504.65 Principle + Interest
$ 110 Taxes and Insurance
$ 35 Escrow Servicing
$ ~$649.65 TOTAL Payments
Rentometer Rent Estimate: $ 545-675 per door/ month
Our Rent Estimate: $ 625-650 per door / month
Zillow Rent Estimate: $ 675 per door / month
*Nothing herein is to be construed as an offer of owner financing. All offers, negotiations, and discussion of terms of any financing must be made by a licensed residential mortgage loan originator (RMLO) or attorney. Examples are for illustrative or informational purposes only. Actual terms of financing will vary.
**Please, do your own due diligence in estimating repairs, as we all have different costs and different tastes on what should be done.