Wholesale Fix And Flip

$1800/mo in rent potential!

110 W Adams St, Lebanon, TN 37087

$325,000 After Repair Value -
$215,000 Asking Price -
$50,000 Cost of Repairs =
$60,000 Potential Profit

Property Details

Asking Price $215,000

After Repair Value $325,000

Costs of Repairs $50,000

Potential Profit $60,000

Living Area 1254 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 2

Half Bathrooms N/A

Parking 1

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $1,800

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

Rehab or investor special! Zoned R2 - 1250 sq ft 2 bed 2 bath single family in the heart of Lebanon TN right off the square!Appraised at $325,000 with $50,000 renovation budget. Rent averages $1500-$2000 around town.Built in 1943 with addition on the back. Garage can be renovated and is still in decent shape off the back.

Repairs Needed

Need new roof and update the bathrooms and kitchen, but nothing major. A leak under the house needs a little work.

CONTACT LISTING OWNER

Russell Fast

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