Here is a 3/1 located in Warren Township’s Bullman Heights neighborhood. Built in 1944, this house sits on a basement foundation and comes with an extra parceled lot. In total, both lots equal 0.40 acre (0.20 each).
Roof – 12 years
Furnace – 10 years
AC – 10 years
Water heater – 8 years
Windows – 10 years
This one is currently occupied by a month-to-month tenant paying $850 per month (under market rent). The tenant will come with the property along with their $750 security deposit transferred. You have options to keep the tenant and ask them to sign a lease at a higher monthly rate, give them notice and flip it, or give them notice and get a new tenant. Either way, this could be a great BRRR option if you want to keep it as a buy and hold. Remember, the extra parceled lot could be a nice value add given comps in the area.
DO NOT DISTURB OCCUPANTS. PLEASE REPLY FOR SHOWING INFORMATION.
Recent area home leased or sold include:
316 N Bazil – LEASED $1995 per month (3/1.5, 1416 sf, 6-car detached, 0.52 acre)
801 N Boehning – SOLD $190k (3/1, 1134 sf, 2-car detached, basement, 0.27 acre, 21 DOM)
254 N Boehning – SOLD $200k (3/1.5, 1080 sf, 2-car detached, basement, 0.27 acre, 18 DOM)
940 N Bazil – SOLD $210k (3/1, 1066 sf, 2-car detached, basement, 0.63 acre, 15 DOM
Recently Sold lots include:
100 S Fenton – SOLD $20k (0.20 acre, 6 DOM)
711 S Fenton – SOLD $20k (0.23 acre, 99 DOM)
51 S Fenton – SOLD $20k (0.20 acre, 6 DOM)
DO NOT Disturb occupants. All of our properties are sold “AS IS, WHERE IS” and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 630.303.3444.
Realtors, we love working with you, please add your fee on top of our price.