Investor special 3/2 near Southtown and Blue Star

[Mike Deltz]

OFF MARKET DEAL-  CASH INVESTORS ONLY.

Property is tenant occupied  DO NOT DISTURB TENANT- Drive by's only.

A showing will be scheduled for later this week.  Call Mike at 210-404-8050 to RSVP.

Built 1940

ARV $155,000

Rehab $10,000

Price $108,000 cash only

The property is rented thru Jan 2017 for 750/mo. which is about 300-500/mo below market. It was completely rehabbed in 09. Rehab now is 10k if that. It's really just needs paint in&out and flooring. We sold a property in this same area about two months ago at 203 Furnish Ave and an appraisal was done. The ARV on Furnish came back at $150k, I have attached the actual appraisal for your review. Furnish is 130 sqft smaller than our property.

Investment brochure and comparable appraisal will be provided upon request.

Pics => https://www.dropbox.com/sc/qkitlx3u2gwd3fs/AACBJuCfbwfkZUDLlCvvJp26a

Mike Deltz

NetWorth Realty

210-404-8050 cell

TX LREA 665899