Handyman Special, will need some work but should make a great rental. Fair market rents in the area for a 2 bedroom are $575 to $625 per month. This should exceed a 10% cap rate.
Local property management says that the property could rent for approximately $700 to $800 per month
Type
Bed
Full Bath
Square Footage
Single-family
2
1
1312
Meridian Cash Cow 520 East Pine Avenue, Meridian, ID, 83642 United States
$59,000
Amazing cash flow opportunity, could be rented as a 5 bedroom for $800 to $1000 per month. Possibility for a duplex conversion and gross rents could be between $1200 and $1300 per month.
This is a classic Vintage Home on a Quiet Cul De Sac! This simply is an amazing price for what you get. Tons of storage with room to make into a 4bedroom.
Will credit $500 towards any fixes with a full price offer (although this price is extremely discounted), this home appraised for $152k approximately 2 years ago.
This deal is only available through this website and Craigslist. Call Soon!