Wholesale Cash Flowing

2 duplex for 4 units

337 16th Ct N, Birmingham, AL 35204

$140,000 After Repair Value -
$100,000 Asking Price -
$0 Cost of Repairs =
$40,000 Potential Profit

Property Details

Asking Price $100,000

After Repair Value $140,000

Costs of Repairs $0

Potential Profit $40,000

Living Area 1496 ft2

Property Type Duplex

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $700

Yearly Expenses N/A

Property Taxes $1,900

Net Operating Income $24,000

Cap Rate 10

Property Description

Here are 2 duplexs that are cash flowing and need minimal work. On a quite dead end street in a growing area.

Repairs Needed

One unit needs carpet or some type of flooring. And the kitchen needs redone. The soffits around the house may need some repairs in a few places. And eventually you may want to put in a HVAC unit

CONTACT LISTING OWNER

Marcus Hardy

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