Back on the market! TWO HOUSES ON ONE LOT! Great investment opportunity or personal residence with built in income. Houses have been rented separately for many years. Larger house was built in 1906, has 3 bedrooms, 1 bath, and is renting below market rate at $1175 per month. Lease ends March of 2022. Smaller house was built in 1950, has 1 bedroom, 1 bath, is recently vacant, and has a projected market rent of $975 with even higher income potential as a nightly rental. Buyer advised to do their own market rent analysis and check city zoning ordinances. These units are super easy to rent often times even without advertising. Tenants cover their own utilities and yard maintenance which makes things very hands off. Square footage figures a total of both units, are provided as a courtesy estimate only and were obtained from recent appraisal. Buyer is advised to obtain an independent measurement. SHOWINGS ON SMALLER HOUSE by special request only. NO LIVE SHOWINGS on larger home. Do not disturb tenants. See 3D tour for current condition. Feel free to make offers subject to inspection. Sellers will make showing & inspection accommodations with the tenants only after an offer is accepted.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $450,000 | Real Estate Essentials | ||
Price Changed | $450,000 +3.45% | Real Estate Essentials | ||
Price Changed | $435,000 -0.91% | Real Estate Essentials | ||
Price Changed | $439,000 -2.44% | Real Estate Essentials | ||
Price Changed | $450,000 -3.85% | Real Estate Essentials | ||
Price Changed | $468,000 +1.74% | Real Estate Essentials | ||
Price Changed | $460,000 -3.16% | Real Estate Essentials | ||
Price Changed | $475,000 -1.04% | Real Estate Essentials | ||
Price Changed | $480,000 -1.64% | Real Estate Essentials | ||
Listed For Sale | $488,000 | Real Estate Essentials |
Elementary School Salem School | 0.2 miles away | KG - 06 | |
High School Salem Hills High | 0.3 miles away | 10 - 12 | |
Elementary School Mt Loafer School | 1.1 miles away | PK - 06 |