REDUCED Wholesale Deal: ANDERSON RENTAL $500 Income CASH $9k

[Alden Simpson]

REDUCED Alden Simpson's Wholesale Deal:

217 Lida Fant Ave, Anderson, SC 29624
2 or 3 BR/1BA - 1170 sq. ft. - 0.39 Acre
Market Rent: $500 for 2BR, $550 for 3BR

REDUCED Cash Price: $9,000

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Address: 217 Lida Fant Ave, Anderson, SC 29624
TMS #: 124-27-09-012
Size: approx 1,170 SqFt
Bedrooms: 2
Baths: 1
Lot Size: .39 acres
Year built: Approx 1940

Property Report: https://drive.google.com/file/d/0B2QGrTB0bwdmNFVlS3RzM2ZXR0E/view?usp=sharing

DETAILS:

Last tenant moved out 8 months ago
Has dining room that can be converted to 3rd bedroom
Roof has no apparent leaks, but is older -- has at least 3 layers of shingles, per owner
Original windows have a couple broken panes
Kitchen cabinets and sink need updating
Bathroom missing counter, cabinets, sink, and tub -- Needs Remodeled
Fascia and Soffit will need to be repaired in a couple of places
Front porch -- very sturdy
Back porch -- stairs need hand rail replaced
Electrical and Plumbing is older and will need some updating
Wooden walls and ceiling
Nice size enclosed back porch
Gas heater in living area
Fireplace has been walled over in bedroom
Floors are very sturdy -- heart pine
Large kitchen - plenty of room for a small table and chairs
No kitchen appliances
House needs paint inside and outside