Jan Grissinger - Coldwell Banker Hearthside

IQWeb_Description

SIX single family homes with SIX separate addresses on one, retreat-like .87 acre parcel! All for 250,000!!! Current rental income is $36,600 per year! Own property free and clear in less than seven years on the strength of this potentially undervalued rental income alone!! Some of the properties have not seen rent increases in years and may be undervalued/due for a rent increase. Several long-term tenants. Four of the properties are on month-to-month leases at this point, one lease ends in August 2018, one in February 2019. All homes have separate utilities. As all six properties are occupied, the seller asks that prospective buyers drive by to see the property prior to asking for a showing. 48 hours notice required for all showings. An amazing opportunity!

IQWeb_Details

IQWeb_MLS1001491102
IQWeb_SubtypeResale
IQWeb_StatusActive
IQWeb_Year1911
IQWeb_Days_on_Site90

IQWeb_Features

IQWeb_Market_Activity 19901

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IQWeb_Area_Information

IQWeb_StateDE
IQWeb_CityCAMDEN WYOMING
IQWeb_Zip_Code19901
IQWeb_AreaCaesar Rodney (30803)
Listing VS Median (in 19901)
Price:
$250,000
low | high
Med:
$219,900
62.04% of Average
On Site:
90
low | high
Med:
13
100% of Average
IQWeb_Listing_Updated: 08/14/2018
MLS Number: 1001491102
IQWeb_Listing_Provided_By:
Matthew W Fetick  IQWeb_of  Keller Williams Realty - Kennett Square

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