NEW FURNITURE
NEW APPLIANCES
NEW AC
NEW BATHROOMS
NEW PLUMBING
NEW FLOORS
IMPACT DOORS
All new & remodeled and furnished House! New windows,New Impact doors, new blinds, new bathrooms, new kitchen, new floors, new appliances, new electrical, new plumbing , connected to the sewer (before septic tank),New fence, driveway & walkway new, Cameras ,solar lights around the house, roof renewed, roof insulation 12 inch , NEW AC (10 years warranty) all around artificial grass And 6-8 feet tall podocarpus plants.All new furniture, living room and 2 bedrooms 55inch smart Tv , the third bedroom43inch tv , Living room 55 inch . 2 queen size beds , 1 full size bed. Towels, kitchenware / just move in ! Washer and dryer in house . 1 Bedroom has a separate entrance for more privacy!
HOUSE IN THE BACK IS RENTED TO a NICE TENANT on month to month. ! Will be also remodeled in the next 6-8 Months if not sold,than rented out on Airbnb for a average income of 3000$ average monthly thru out the year.
The front house has around 1350sqft and the unremodeled little back house is a 1/1 with around 500-550 sqft.
Total LONG TERM rental income : 58200 USD ( Cap Rate 8.31%) NOW/ can be increased easily to a total of 60.000$ (Cap Rate 8.57% )without remodeling the back house . ( only new on the back house are the impact windows and impact doors )
, if or when backhouse is remodeled total Long Term rental income 68700usd (Cap Rate 9.81%). (Both tenants are ready to renew leases up to 1-2 years or they can also leave, depending on the buyers need. Zoned for up to 8units.
Opportunity Zone !
Airbnb potential ~85.000- ~+115.000$(Cap Rate 12.1% to 16.4% ) income (both houses). The property has from the city the permit number and is fully legalized as such.
Either live and rent 1 part of the property out— or keep renting Long or short term ! Great Investment !
What the seller loves about this home
All new .