HAVE “BOOM-A-RANG” KIDS AND NEED EXTRA SPACE? THIS HOUSE HAS THE ROOM SEPARATE AND PEACEFUL SPACES FOR EVERYONE THIS HOUSE HAS IT ALL! THIS ONE IS A MUST SEE!
This is a siding ranch style home with a two car garage sitting on a huge private lot! It is located in a very nice subdivision and needs minimal work to be rent ready. Built in 1994!
This home offers 3 bedrooms with 2 full bathrooms and approximately 1300’ of living space. Features include eat-in kitchen, vaulted ceilings in family room, separate tub and shower in master bathroom and huge, very private back yard.
The following is estimated repairs to retail: exterior paint and siding repairs - $3000, new flooring - $2500, add gutters - $700, replace front porch railing and remove back porch roof - $1000, mechanicals, electrical and plumbing all look good, interior painting and some trim replacement - $2500, add appliances - $1000, misc. repairs, landscaping - $1000. Total rehab expense to retail $11k to $12k! In order to get rent ready could probably get by spending $5k and have the house in rent ready condition.
Tax value of $105,100! Last good comp available is over a year old. Similar house at 1315 Sweetwater sold 4/16/08 for $124,750. Another comp sold bank owned for $117k in 2007. Current actives in the neighborhood run from $80k to $120k. A conservative rent rate for this size house should be $900 per month. For a fast sale fix up and price below $100k and it should move fairly quickly or better yet hold for 3 years and sell at $125k
Contact owner to get more details about his house: Kevin Morice @ 678-427-7700 Web: www.ThisGreatHouse.com
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