"Previously Approved Short Sale" at $210,000.00. We need an offer close to that, and RIGHT AWAY!!! ASAP!!! This is a great Price for the Area. Some minor maintenance needed re: the roof. However, it is a superb home for a "new"/"start-up" Family, and/or, investor looking for a 6.5%-7.0% CAP Rate. The mean area rents are going for roughly $1,250.00-$1,350.00 -- AND HAVE BEEN GOING UP FOR THE PAST FEW MONTHS (roughly $1,350.00-$1,450.00). For families not able to find anything at this short inventory flow, this is much, MUCH, better than renting!!! This is the one you've been waiting for!!! Buy this home for a few years as the equity build-up in this area are endless and priceless. An abundance of flips are rendering that this property should sell at approximately $230-260k "fixed-up" -- THAT IS AN EQUITY BUILD-UP OF ~$15-20k (~10-15%) FOR "JUST" PURCHASING THE PROPERTY!!! Add another 300-450 sq.ft. and this property should sell at, or about, $330-$325k. THAT IS AN EQUITY BUILD-UP OF ~$60-50k (~20-15%). Don't be fooled. This "IS" a DIAMOND IN THE ROUGH!!! The one you've been waiting for!!!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
