REDUCED! 3 Turnkey bldgs, $2k per mo. revenue for just $57k!!!

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REDUCED! 3 Turnkey bldgs, $2k per mo. revenue for just $57k!!!

Jonah Hillman
Investor · San Diego, CA · Member since 2015 · 44 posts · 2 votes

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 $75k 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 $65k for all three properties!
  • Owner-financing available with good down payment (minimum 20%) and fair terms.
  • CASH DISCOUNT. First $57k cash takes these, and gets a $10k credit for the new roofs. So just 47k for all three properties! 
  • 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!!

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    • David Rawls
      Investor · Sterling Heights, MI · Member since 2015 · 98 posts · 26 votes
      9y

      @Jonah Hillman I'll take a look at them, message me.

      0Reply
    • Brett WeaverPro Member
      Rental Property Investor · Loretto, TN · Member since 2016 · 44 posts · 27 votes
      9y

      If these properties are still available, I'd like to get more info. @Jonah Hillman

      0Reply
    • Chelsea McKenzie
      Investor · Manchester, NH · Member since 2015 · 14 posts · 3 votes
      9y

      can you please send me some info/photo of properties. TY

      0Reply
    • Jonah Hillman
      OP
      Investor · San Diego, CA · Member since 2015 · 44 posts · 2 votes
      9y

      @David Rawls

      @Brett Weaver

      @Chelsea McKenzie

      I sent each of you a message, thanks. This is a great opportunity for someone. Make a low-ball offer, i just might accept it!!

      0Reply
    • Dan Fulghum
      Flipper/Rehabber · Miami, FL · Member since 2016 · 102 posts · 12 votes
      9y

      why no pics?  everyone asking for pics.

      0Reply
    • Kris Lawton
      Investor · Englewood, CO · Member since 2016 · 14 posts · 0 votes
      9y

      Hi Super interested need more info, thanks!!

      0Reply
    • Jonah Hillman
      OP
      Investor · San Diego, CA · Member since 2015 · 44 posts · 2 votes
      9y

      Hi @Dan Fulghum - I sent links with pics and info to both of you. Thanks!

      0Reply
    • Dan Fulghum
      Flipper/Rehabber · Miami, FL · Member since 2016 · 102 posts · 12 votes
      9y

      Jonah,  I'm Curious only.  Why don't you just post the links to the photos within your original posting?  Would save time for everyone.

      0Reply
    • Kris Lawton
      Investor · Englewood, CO · Member since 2016 · 14 posts · 0 votes
      9y

      I'm brand new to this site, not sure where to read a message sent to me?

      0Reply
    • Jonah Hillman
      OP
      Investor · San Diego, CA · Member since 2015 · 44 posts · 2 votes
      9y

      Hi @Dan Fulghum - I agree. Here are the addresses, links and pics.

      Hi @Kris Lawton - Check your 'notifications' looks like a little bell icon in the menu bar at the top of the screen. But also here's the info:

      --------------------------------------------

      The properties I still have available are:

      2249 S Hamilton (duplex)
      1003 S Fayette (duplex)
      822 N Granger (SFH)

      The gross rental income is $2,075. Cash discount available, and Cash offers preferred!

      Here is a link to the multi-family rental property listings:

      http://mimls.paragonrels.com/publink/default.aspx?...

      Just click the LISTINGS links on the left side to get information for each one. PLEASE NOTE 2 of the properties listed have already sold. The available properties are the Hamilton and Fayette addresses.

      And this is the link for the single family home listing at 822 N Granger:

      http://mimls.paragonrels.com/publink/default.aspx?...

      Please let me know if you have any questions. Or you can contact my listing agent, Coty Lewis.

      Coty Lewis
      Cell: 989-239-7545
      Berkshire Hathaway Home Services Michigan Real Estate
      [email protected]
      www.bhhsmi.com

      Thanks!

      0Reply
    • Jonah Hillman
      OP
      Investor · San Diego, CA · Member since 2015 · 44 posts · 2 votes
      9y

      Accepted a cash offer for these 3 properties today. Will post an update if they are still available. Thanks all!

      0Reply
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