2Bed/1Bath Condo 10% Cap or higher! *Cash Only - FSBO Make offer

[Seth Rouch]

This has been a great little unit for me as an out of state investor. It has had a tenant in it for 2 years now at $750/mo. He paid all utilities and owner paid $85/mo HOA, but the rest was cash flow. He's moving out but before I put another tenant in there I thought I'd list it here on PB to see if anyone was interested. It would easily rent again at the $750/mo but could definitely rent for more! Since purchase it's got a new A/C unit, Water Heater, Furnace, the kitchen redone with granite, cabinets, tile work, and stainless steel appliances. So everything is pretty new in there! 

This is a turn key kind of property. 

Per Rentometer.com - Area  Average $935/mo   Median$865/mo

At current rent and sale price it makes for a solid 10% Gross Cap   

"Zestimate" has it at $122k but selling lower because it does not have a garage or its own yard since it's a condo.

**Please note that this would be a CASH ONLY sale - For Sale By Owner