Investment Property In East Albany
Great single family 2bd/1ba rental home located in East Albany. This home is currently already producing rental income of $325.00 per month. Long-term 16 year settled month to month tenants comfortable with current condition and reasonable price increase. Tenants can handle minor repairs. This rent is under market rate with a minimum of $400-450, possibly more depending on upgrades done by the new owner. This could be a great home to add to your income portfolio. Please do not disturb tenants. Open Inspection will be scheduled soon. Interested send email to jamaal@midgacashhomes.com. This one will not last long.
Notable Repairs Needed:
- New Front/Back Doors-(Immediate)
- Minor electrical issues-(Immediate)
- Paint Interior/Exterior-(Optional)
- Install Mini Split A/C & Heating Unit-(Optional)
**All contractor/tradesman bids open for hire as well**
Asking Price: $20,000
ARV: $35,000
Rent: $400-450
Comps:
- 509 Johnson Rd.– Sold for $34,000 on 06/01/21
- 2553 Cresent Dr. – Sold for $45,000 on 02/22/21
- 302 Lexington Dr.– Sold for $26,000 on 05/21/21
Video:
https://photos.app.goo.gl/jFP2RpUTAfHwFoiu7
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