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Single Family Residence• 3 Bed / 1 Bath• 980 Sq Ft•Lot Size• Built 1943• Crawlspace foundation• Brick front with sidingBonus Structure• Garage apartment generating $600/month• Main house renting for $1,200/month• $1,800/month total rent• Garage unit has new cabinets, new stove, and updated plumbing
Condition• Roof approx 10–12 years old•Ac Age unknown• No structural issues reported• No open permits
Additional Information: Tenants are Month to Month. Will be delivered Vacant at Closing.
Title: Old Tampa Bay TitleEMD: $5,000.00
Comps• 1606 E 14th St – Sold $221,000 (flip, purchased $107K)• 1046 Dyal St – Sold $163,000 (also has garage structure)
Investor NotesFlip ARV supported by nearby renovated compsStrong rental potential with two income streamsMonth-to-month tenants (flexible exit strategy)
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Disclaimer:
House is being sold as-is, and the buyer is to pay all closing costs. 5,000 EMD. Non-Refundable earnest money to be deposited within the same business day contract is executed or the contract will be canceled. Buyer must close with cash or a hard money loan.
The buyer is not relying on any representations, whether written or oral, regarding the properties above. Price based on a cash or hard money offer and is net to seller. Buyers to do their own independent due diligence.
Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer’s responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer’s responsibility and they should be diligent in determining market value.
REALTORS:
If you are currently working with a client, and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission.
WHOLESALERS:
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