3 bedrooms / 2 bathrooms/ 1,232 SF
This single-family home at a great location minutes from base, VA hospital, and I295 Outer Loop! Great room with fireplace, dining room, master bedroom with master bathroom and walk-in closet. Ceiling fans in bedrooms. Massive fenced in backyard. One car garage. Washer/ dryer hookup. Vinyl flooring in kitchen and dining area, carpet in all other rooms. Superb cash flowing rental property or flip!
Property in good condition. Tenant occupied for 10+ years with normal wear and tear to include: interior needing to be repainted, carpet/ vinyl worn. Roof is aged and has 3-4 leaks. HVAC >10 years old. Appliances in good condition. No leaks/ moisture identified in crawl space nor under bathroom/ kitchen sinks. Kitchen cabinets are in good condition but should be upgraded to maximize ARV for fix and flip. City water and sewer. Current tenant on month-to-month lease at $675/mo which is $500 under market rents! Add this property to your portfolio that cashflows on day 1, upgrade/ repair interior and maximize rents, or flip! Many options with this awesome property!
Market Rent – $1,100/mo