Updated about 9 years ago on . Most recent reply
South City Duplex - Fixer Upper
Duplex 1 bed 1 bath units owner did light renovations in 2007 but the property has been boarded up the last 3 years after copper was stolen. Duplex 1 bed 1 bath units will rent for $450-$500 each. Currently vacant
Features:
New windows
Roof was replace in 2007, no signs of leaks beside a bathroom vent
large true 1 bed units
Offered at: $25,000
ARV: $65,000
Zestimate: $59,100
Repair Estimate: 15-18K
Profit Potential: ~20K
Repair Notes:
Needs carpet replaced
Needs paint
Drywall repairs
Copper stolen/electrical as well
Mechanical
Spot tuck pointing at rear of building
Contact the Discount Property Investor Team: 314-254-9782
Email: [email protected]
Website: http://www.discountpropertyinvestor.com