Birmingham, AL Desperate Seller, Section 8 21.8$ CAP!
Offer #213CC Birmingham, AL Steal! You need to move quickly on this one – desperate seller! This property just fell out of escrow and the seller is committed to buying another property.That’s a bad place to be!
This home is rented under Section 8 for $750 a month and was re
rehabbed in July, 2014. Everything is new- Roof, flooring, kitchen, new wiring, new bathroom, carpet, new HVAC and new paint. 1270 sq. ft. – 3 bedrooms.The invoice from the construction company totals $20,000, just for the rehab work.
The seller is offering it at the unbelievable price of $29,000 with a 21.8% Cap rate! Title work complete – you can close next week! $2,000 referral fee.
For more information please inquire with the offer number and full name through our website at www.sx2usa.comWe will request an NCND which will be sent through Docusign.