*Package Deal* Two Sister Properties with Strong Cash Flow – Albany, GA
Listings Stats
The Numbers
Description of Property
ASKING PRICE: $20,000 for 2 properties
ARV: $50,000 for both properties
1.25%+ Rental
*Opportunity for 2 properties right next to each other*
🛠️ Heavy renovations with significant potential for increased rental income
🏡 Strong addition to rental portfolio
💼 Strong demand from tenants seeking quality housing
💵 Cash flow potential is outstanding!
🏞️ Park within walking distance
✈️ Regional Airport within 10 minutes
🏫 Multiple schools in the area!
🔑 Don’t miss out on this exceptional investment opportunity! 🌟
Property SOLD IN AS-IS Condition
TEXT OR CALL Matthew : ***-***-****
Make an Offer:
Submit your offer and information at the top of this screen by clicking “Make an Offer”.
Contract:
A contract will be delivered electronically once an agreement has been made and must be executed by the Final Buyer within 24 hours. Once the contract is signed, we will introduce you to a third-party Title Company we use that will help facilitate the closing process.
Earnest Money Deposit (EMD)
Must be wired to the Title Company within 1 Day of Contract signing
Closing Costs:
End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal.
Description of Repairs
Both Properties 417 and 419 Faith Ave
- Full interior rehabs
- Exterior rehab
- New Windows and wood decks installed recently
Video Link
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Access:Unlocked/Open access
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Home Area(sqft):1,014
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Bedrooms:2
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Property Type:Single Family Residence
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Lot Size(acres):.10
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Bathrooms:1
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Cooling:Central A/C
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Parking:Detached Garage
The Numbers
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Asking Price ($):$20,000
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As-Is Price/Sq Ft:$19.72
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Est. Cost of Repairs:$45,000
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After Repair Value:$50,000
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ARV Price/Sq Ft:$49.31
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Est. Gross Profit/Equity:$-15,000
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Price Negotiable?:Yes
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Purchase Option:Cash,
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Earnest Money Deposit:$1,000
Comparables
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