234 Erie St

Asking Price: $120,000 (Buyer pays all the Closing costs and Excise Tax)

Property Description: 3 Bed 1.5 bath, 1500 sq. ft, zoning approved for multi-family conversion (2 bed and 1 bed) with rental income estimated at $2400 monthly after repairs. Forced Hot Air, gas heat, electricity, and sewer hookups are in place.

Estimated repair amount $60-70k, needs rehab and includes conversion to multi-family. Property is structurally sound, has a good foundation, and has hardwood floors that can be refinished and kept. Most of the repairs needed are cosmetic and fixtures. The owner has cleared out the property and done some initial repair work already.

ARV: $240-250k as multi-family

We'd like to encourage you to do a drive-by before requesting a one-time walk-through. Not unless you are already familiar with the neighborhood.

This is an Assignment  Contract deal. Let me know if you are interested in this or know anyone.

Feel free to let me know if you have any further questions or interests.