Property Status:

  • Available
  • # of Units
    3
  • Financing Avail.
    No

Property Type:

Multi-Family

Price:

$ 100,000

Number of Units:

3

Square Footage*:

3,072

Percent Leased:

100

Market Rent:

$ 1,395  Estimated

Management in Place:

No

Seller Financing Available:

No

Gross Rent (Annual):

$ 2,250

Net Income:

$ 2,230

Net Yield:

2.23%

Estimated Repairs:

$ 20,000

Est. Equity:

$ -120,000

Publish Date:

03/18/2017

*Square Footage Source - Tax Records

*** I have a Purchase Agreement for 127 Wellons St. I am marketing this contract for assignment solely as I am not the owner. Contract closes on 15-Apr-2017 ***

If you're in the market for a great investment property, take a look at this 4 bedroom, 3 bath tri-plex. This property needs minor repairs and is ready to make you a nice financial return. It's located in Suffolk, an affordable area and is currently leased for 2550/month.

Asking price: $100,000

Rehab: 20k

ARV: $170000

Average list for Suffolk: $213000

Market rent: $1395

Cap rate: 20.0

 Hurry! Call today to learn more about this great money-making property!   (757)337-6467 or http://www.exitstrategiesrei.com/property/3182017/

Multi-Family

Suffolk, VA $ 140,000
Suffolk, VA
  • Type of Deal:
  • Multi-Family
  • Repairs:
  • $ 20,000
  • Price:
  • $ 140,000
More details
Posted 104 Days ago