This house is currently a rental property with the tenants paying all utilities and $700 per month. Home will need some work when the tenants vacate the property but a fully renovated house in the neighborhood will sell for $130,000. Rents should be around $900 per month for this house so there is room to improve the cash flow. Most of the work needed is cosmetic. The mechanicals are all newer.
No foundation issues found upon visual inspection so this could be a great investment for your portfolio.
VALID Proof of funds required to show and submit offer.
Annual taxes: $556