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Updated about 11 years ago,

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15
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0
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Dan Verdick
  • Elk River, MN
0
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15
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Twin Home first time investor looki fongr opinions

Dan Verdick
  • Elk River, MN
Posted

Hello,

I am new to investing in real estate. We are considering purchasing a slab Twin Home in our town. It has been held by the original builder/owner since 1986. The home is currently rented and he is just wanting to sell since they are moving to another part of the state for retirement. Here are the details:

Each unit has Two Bedrooms, Attached Garage, Large yard, All living Facilities on one level, Washer and Dryer, Range and Refrigerator, 964 sqft each side, New furnaces 2005 and Roof 2006. Painted this summer.

Asking price: $196,000

Current rent: $850 and $900

Taxes: $2900

Ins: $1000

Tenants pay utilities. Previous owner took care of maintenance.

Thanks

Dan

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