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Updated over 8 years ago on . Most recent reply
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3 Properties/5 Doors, $2075 cashflow! Just 79k Owner Financing!!
3 Turnkey Rental Properties available in Saginaw, Michigan:
• 2-duplexes and a single family home available. All are fully-occupied and managed by a very good local property management company.
• Total gross rental income for all three properties is $2,075 and the asking price is just $79k or best offer for all three properties. Great Cash flow every month! Decent neighborhoods and good tenants.
• Low taxes. Low utilities costs.
• Two of the buildings need a new roof. My property manager has stated the new roofs will cost $5k each. I will provide a buyers credit (negotiable) I'll even credit the entire $10k required for any full price offer, so the effective price would be just $69k for all three properties!
• Owner-financing available with good down payment (minimum 20%) and fair terms.
• CASH DISCOUNT. First $75k cash takes these, and gets a $10k credit for the new roofs. So just 65k for all three properties!
• Will not be sold individually, prefer to sell as a package.
• Great turn-key portfolio for new investors, or add to your existing real estate portfolio! Get these Cheap, put in a little work (new roofs), and reap the cash flow rewards for years to come!
Hurry, I had 5 of these properties, but 2 already sold.. these last 3 won't last long!! Let me know if you'd like more info, addresses, etc. Thanks!!