Incredible value-add opportunity! This income property is currently rented at $1,000 per month, offering immediate cash flow with strong upside potential. Priced to sell, this property requires renovations and improvements, including exterior, foundation, roofing, and interior work. These factors create a prime opportunity for investors, renovators, or contractors to significantly increase the property's value and rental income. With the right vision and upgrades, this property can be transformed into a high-performing asset. Perfect for those looking to capitalize on a fixer-upper with excellent return potential.
Exterior Cladding Presence of holes on the front façade and around its perimeter. Absence of proper support behind the vinyl siding in certain areas of the front façade. Inadequate or missing support behind the cladding on the rear façade. Structure and Exterior Components Wooden plank used to support the window on the left side. Unstable columns in the parking area. Improperly installed concrete sonotube for the carport. Interior Finishes Hole in the drywall in the kitchen near the stove. Crack in the drywall finish at the corner of the countertop. Foundation and Parging Long crack in the parging on the left side. Parging detached from the foundation on the left side, posing a risk of water infiltration. Multiple cracks in the foundation parging on both the left and right sides. Two cracks visible on the foundation wall on the left side. One crack visible on the foundation wall on the right side. Displacement of a concrete block wall in the crawl space. Basement and Attic Possible signs of mold in the basement storage area. Presence of vermiculite insulation in the attic, which may contain asbestos. The Buyer shall conduct, at their own expense, any testing or expert analysis deemed necessary. Systems and Components Absence of a heating system in the crawl space, creating a risk of pipe freezing. Damaged asphalt shingles showing deterioration and granule loss, requiring replacement.