Fantastic Buy And Hold Opportunity to add to your portfolio.
House is an old beautiful home with character. We hope you will preserve the old features as it gives value and character to the house. The house has a rough spot on upper floor where the roof has a leak. Other than that the house is in pristine condition. Total repairs we evaluated would be under 10K. We had our agent and contractor walk the house to give a very accurate analysis as you are accustomed from us at “Investment Properties In Connecticut”. HOWEVER we demand you do your own research.
We did an elaborate CMA report with our agent to make sure it is a great deal.
The file is a bit large so we split it into 2 parts.
Conclusion can be found on the last page of the CMA. For convenience I will post it below.
Worst sale case scenario: $140k-$155k
Best case sales price would be: $160k-$175k
Lower floor brings $1200 and upper floor $800 in Rent. Property is vacant ATM