$7,000
$7,900
11.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
942 SqFt
SOLD DATE : 01/14/2021
Key Details
Sold Price $7,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 942 sqft
Price per Sqft $7
MLS Listing ID 6792213
Sold Date 01/14/21
Style Ranch
Bedrooms 2
Full Baths 1
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1950
Annual Tax Amount $1,195
Tax Year 2018
Lot Size 0.460 Acres
Acres 0.46
Property Description
Single family brick home on a .46 acre lot that needs TLC. Have a look inside! Lock box located on front door. Assignment of Contract for sale!. Good opportunity for buy and hold investors looking for cash flow with a long term tenant. Calculation of Cash on Cash return $7,900 + $15 a sq. ft repairs($14,130)= Roughly all in (gross) $22,030 after repairs. $700 a month for rent after repairs x 12 months=$8,400 gross annual x .6= Net annual / $22,030 Gross all in price= .23 = 23 % Estimated Cash on Cash Return 23 % cash on cash return. Tell me if your bank beats that?! Stop putting your money in the bank, Invest in real estate. Estimated Rent Sale Price $7,900 Market Rent $727 HOW WE OPERATE Please view pictures, virtual tours, and videos in links below prior to scheduling a viewing. his is our standard operating procedure made in respect to our client’s safety during the Covid-19 pandemic. We only accept cash for all listings. No financing. VIDEO TOUR COMING SOON VIRTUAL TOUR COMING SOON ADDITIONAL PHOTOS AND VIDEOS. . Some of our deals will be a standard purchase and sale contract and others will be an assignment of contract. All transactions will be in accordance with the National Association of Realtor’s Code of Ethics. DISCLAIMER We are not making any guarantee of profit, condition, or value.
Location
State GA
County Muscogee
Area 548 - Muscogee
Lake Name None
Rooms
Bedroom Description Master on Main
Other Rooms None
Basement None
Main Level Bedrooms 2
Dining Room None
Interior
Interior Features Other
Heating Electric, Other
Cooling None
Flooring None
Fireplaces Type None
Window Features None
Appliance Other
Laundry None
Exterior
Exterior Feature Other
Parking Features None
Fence None
Pool None
Community Features None
Utilities Available None
Waterfront Description None
View City
Roof Type Other
Street Surface None
Accessibility None
Handicap Access None
Porch None
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Dorothy Height
Middle Schools Baker
High Schools Spencer
Others
Senior Community no
Restrictions false
Tax ID 046003004
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with PalmerHouse Properties