Updated over 8 years ago on . Most recent reply
Low price Mt. Vernon Home!
Hello Fellow Investors!
Up for sale is a nice low cost house in Mt. Vernon! Hard to find anything at this price anywhere in this hot washington / seattle market! This is a wholesale deal so cash only deal! The house is currently rented at 800$ / month, which is extremely below market. Renter is moving out at the end of june. House should be able to fetch $1200 a month with a few repairs. The seller is estimating 5-10k in repairs, and i am sure it would be quite a bit more for some rehab if desired. I am seeing comps in the 180k+ range. 130k and buyer paying closing costs. Feel free to ask me any questions, or contact me to setup a time to look at the house.
Thanks and happy hunting!