This charming 792 sf home is the perfect addition to any investor's portfolio. Built in 1950, it features 2 beds, 1 bath, 1-car garage, and a full basement. Owner pays taxes, insurance, sewer and repairs. Tenant pays electric, water, gas, and trash; responsible for lawn/snow care. Current rent is $725. Value add: could reach $740 per Rentometer. Net: $5,027. Cap at asking: 12.5%. See addendums for financial breakdown. Roof is architectural shingle in fairly good shape. Furnace is Carrier brand, older. Windows are a mixture of wood and vinyl. Hardwood floors, with vinyl tile in kitchen and bath. Updated stack, Pex supply lines. Tenant’s lease is through May 2021.
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