Property Description

Land contract available with flexible terms at a higher purchase price! Multi-family property featuring two 2 bed / 1 bath units, each with a basement. Property is currently livable but in need of a full renovation throughout. Major updates required including siding, windows, roof, and mechanicals. No existing furnace or hot water tanks. Upstairs unit is currently tenant-occupied paying $300 monthly. Property has a total "projected" annual income of $24,000. Strong value-add opportunity for investor looking to reposition or fully rehab. Property being sold as-is. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Closing will be conducted via contract assignment or double closing, with preference given to assignment. Seller to provide marketable title at closing. Title commitment available. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including transfer taxes, title insurance, closing fees. Sold AS IS - Buyer to verify all information listed.

Property Features

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