Highlights: Duplex with 2-Bed/1-Bath each unit and 9.5% CAP with current rents; Two blocks from downtown; Close to the Flat River and Fred Meijer Trail; Vinyl siding; Washer/dryer in one unit; Separated utilities; New hot water heater in one unit; Original hardwood floors; Off-street parking with 2-stall garage; Mix of vinyl replacement windows and original with storms; Completely replaced main water supply from city to house in 2019.
Wholesale Price: $119,000
Current Rent: $1325/month (month-to-month)
Market Rent: $1500/month
We hold the assignable contract. This will be sold on warranty deed. $119,000 is the buy-it-now price, meaning we will not accept a higher bid once the buy-it-now price has been met by the first party to pay $2,500 earnest money deposit. Cash or hard money only, property sold in as-is condition.
Buyer pays all closing costs and is responsible for their own due diligence and verifying all facts and figures. Price based on quick closing in 14 days or less. JTK Property Solutions members or employees make no guarantees concerning property condition, value, characteristics or financial benefits.