Small Turn Key Packages in GA, AL, MO

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Small Turn Key Packages in GA, AL, MO

Must be sold as a package in each respective market. Seller has not discounted from the fair market value as much as we would like but he is motivated to sell and all offers will be considered. All of these properties have been rehabbed and need zero work. 

Magnolia Ave., Warner Rock, GA–rent $750
Bennell St., Macon, GA– rent $725
Crestwood Terrace, Warner Rock, GA– rent $650
as a package $114,900

80th Street N., Birmingham, AL –rent $775
82nd Street, Birmingham, AL– rent $875
6th Ave. N., Birmingham, AL– rent $825
Buy as a package $127,000

Oak Ridge Rd., St. Louis, Mo– rent $825
10700 Sibley Court, St. Louis, MO– rent $900
Buy as a package $134,900

Call Us Today! (805) 409-7368

3 House Package Deal on West side of Birmingham, AL

3 House Package Deal on West side of Birmingham

2 turnkeys with section 8 tenants 1 vacant, but recently updated and ready for tenant 

116 Ridgewood Ave 35064 3/1, sq ft: 1087 rent: 727/mo sec. 8 tax: 1014 ins: 550 tax assessed: 68 comps: 62 – 73 asking: 44,750

903 11th ave 35228 4/1.5 sq ft: 1479 rent: 730/mo sec. 8 tax: 864 ins: 550 tax assessed: 57.9k comps: 60 – 62 asking: 46k

413 Ash Ave, 35022 2/1 sq ft: 936 est rent: 650/mo tax: 577 ins: 515 tax assessed: 42k comps: 46 – 53 asking: 42,300

133,050 – individually priced 125,000 – package deal

17 % ROI Triplex in Birmingham


 
Thomason Avenue 
Birmingham Alabama 35217. 
 
3 units of 2 bedroom/ 2 baths. 
Yearly rent: $26,100
Yearly taxes: $300
Yearly insurance: $800 
Yearly PM: $2610
 
Cash flow: $22,390
 
Reduced Price to sell: $135,500
Zillow Price: $174,000
 
ROI: 17%. 

Scope of work:

TRIPLEX – 2 BEDROOM, 1 BATH EACH
All brick exterior, undergoing a major rehab right now !!!
New metal roof, new electrical upgrade to 200 amp service, new HVAC systems, new plumbing to include water heaters, sinks, faucets, toilets, vanities, traps and valves,new steel doors, new tile flooring in baths and kitchens, new tile tub surrounds to ceiling, new hardwoods, new paint inside and out, new fencing to divide units, new parking, new smoke detectors, new matching locks, new door hardware, new cabinets, countertops, and pulls. Appliances included…Way too many new items to list here…
 

8 Turn Key Duplexes in Memphis $25,000 Each or $185K For All – These will go quickly!

Combined Appraised Value of Entire 8 Duplex Package $319,200
asking price is 58% of Appraised Value.

Total Combined) Gross Combined Annual Income and Expenses
$57600.00 Annual Combined Rental Income
$ 4340.00 Annual Combined City of Memphis Taxes
$ 5592.00 Annual Combined Shelby County Taxes
$ 4000.00 Annual Combined Hazard Insurance
$ 5760.00 10% Annual Combined Property Management Fee

$37908.00 Net for all 8
Gabay Street, Memphis, TN 38106 (Duplex Residence)
Shelby County Appraised Value $39,400 *
Year Built 1952, Brick Construction, 1056 Square Feet, Good Condition
Gross monthly rents are $600 monthly
$7200.00 Annual Gross Rental Income
$ 536.00 Annual City of Memphis Taxes
$ 690.00 Annual Shelby County Taxes
$ 500.00 Annual Property Insurance
$ 720.00 10% Annual Property Management Fee
$4754.00 Projected Annual Net Rental Income

Gabay Street, Memphis, TN 38106 (Duplex Residence)
Shelby County Appraised Value $39,400 *
Year Built 1952, Brick Construction, 1056 Square Feet, Good Condition
Gross monthly rents are $600 monthly
$7200.00 Annual Gross Rental Income
$ 536.00 Annual City of Memphis Taxes
$ 690.00 Annual Shelby County Taxes
$ 500.00 Annual Property Insurance
$ 720.00 10% Annual Property Management Fee
$4754.00 Projected Annual Net Rental Income

Cella Street, Memphis, TN 38106 (Duplex Residence)
Shelby County Appraised Value $39,200 *
Year Built 1953, Brick Construction, 1050 Square Feet, Good Condition
Gross monthly rents are $600 monthly
$7200.00 Annual Gross Rental Income
$ 533.00 Annual City of Memphis Taxes
$ 687.00 Annual Shelby County Taxes
$ 500.00 Annual Property Insurance
$ 720.00 10% Annual Property Management Fee
$4760.00 Projected Annual Net Rental Income

Orleans Street, Memphis, TN 38106 (Duplex Residence)
Shelby County Appraised Value $39,200 *
Year Built 1955, Brick Construction, 1050 SquareFeet, Good Condition
Gross monthly rents are $600 monthly
$7200.00 Annual Gross Rental Income
$ 533.00 Annual City of Memphis Taxes
$ 687.00 Annual Shelby County Taxes
$ 500.00 Annual Property Insurance
$ 720.00 10% Annual Property Management Fee
$4760.00 Projected Annual Net Rental Income

Orleans Street, Memphis, TN 38106 (Duplex Residence) Shelby County
Appraised Value $40,100 *
Year Built 1955, Brick Construction, 1075 Square Feet, Good Condition
Gross monthly rents are $600 monthly
$7200.00 Annual Gross Rental Income
$ 545.00 Annual City of Memphis Taxes
$ 703.00 Annual Shelby County Taxes
$ 500.00 Annual Property Insurance
$ 720.00 10% Annual Property Management Fee
$4732.00 Projected Annual Net Rental Income

Orleans Street, Memphis, TN 38106 (Duplex Residence)
Shelby County Appraised Value $40,100 * Year Built 1955, Brick
Construction, 1075 Square Feet, Good Condition
Gross monthly rents are $600 monthly
$7200.00 Annual Gross Rental Income
$ 545.00 Annual City of Memphis Taxes
$ 702.00 Annual Shelby County Taxes
$ 500.00 Annual Property Insurance
$ 720.00 10% Annual Property Management Fee
$4733.00 Projected Annual Net Rental Income

Orleans Street, Memphis, TN 38106 (Duplex Residence)
Shelby County Appraised Value $40,100 *
Year Built 1955, Brick Construction, 1075 Square Feet, Good Condition
Gross monthly rents are $600 monthly
$7200.00 Annual Gross Rental Income
$ 545.00 Annual City of Memphis Taxes
$ 702.00 Annual Shelby County Taxes
$ 500.00 Annual Property Insurance
$ 720.00 10% Annual Property Management Fee
$4733.00 Projected Annual Net Rental Income

Off Market 4-Plex in Miami $275,000

Description: Description: https://gallery.mailchimp.com/d0266e915f7e681bbc42f5053/images/f0b24ed2-1e6e-4b71-b276-7aab091399a5.jpg

 

 

SW 117TH CT MIAMI FL, 33170

A Fourplex in the South Miami area. This is off market and is 99% done with rehab work. One of the four units is Section 8 rented.

 

 

ASKING: $275,000

TYPE: 4 UNITS

NOT LISTED

 

Break down for all 4 units

 

2/1 – $800 p/m

2/1 – $850 p/m (tenant is Moving in/ Sec 8)

1/1 – $725 p/m

1/1 – $675 p/m

 

TOTAL RENTS  $3,050

 

EXPENSES:

$203.55   TAXES

$250.00   INSURANCE

$305.00   10% MAINTENANCE or other

$213.50   7% VACANCY

$0             LIGHT  (4 Meters)

$0             WATER  (4 Meters)

$75.00     GRASS (LAWN)

 

 

TOTAL MOTHNLY EXPENSES  $1,047.05

 

YEARLY/NET NOI  $24,035.40

 

CAP RATE  8.7%

Description: http://incomepropertyhq.us5.list-manage.com/track/open.php?u=d0266e915f7e681bbc42f5053&id=ac4f1a903d&e=123ab4cb9d

Deals in Dayton!

Deals in Dayton

These five homes are being offered as a package at $175,000 or $35,000 per door. Owner prefers sale as a group, but would listen to individual offers. This is a distress sale. The owner has back taxes to pay and is motivated to sell quickly. These homes are all in very good condition. Four of the five have Section 8 Tenants.

Contact us for additional pictures and upgrades to the homes.

We also have an additional 3 in Dayton, Ohio being offered at $77,000.

Huron Ave Dayton, OH

Shenandoah Dr., Dayton, OH

Crestmore Ave Dayton, OH

Oakridge Dr. Dayton, OH

Kammer Ave Dayton, OH