š°Turn Key Investment !!!!š°
AskingĀ $137,000
Est. RepairsĀ $0.00 *
Est. Repaired ValueĀ $165,000 **
Potential Gross Profit >>>>$28,000<<<<
Looking for a hassle-free rental property with immediate income? This fully renovated 2 bed / 1.5 bath home is a true turnkey investment, already leased to a reliable tenant paying $1,700/month.
āļø Fully Renovated ā No Work Needed
āļø Tenant in Place ā Instant Cash Flow
āļø Low Taxes ā Only $1,581/Year
āļø Strong Rent-to-Tax Ratio
āļø Perfect for Buy & Hold Investors or New Landlords
Whether you’re expanding your portfolio or looking for your first passive income property, this deal checks all the boxes. Just close and start collecting rent!
Below is a break down if you decided to keep it as a rental unit.
Gross Income ā $20,400
Taxes ā $1,581
Insurance ā $1,000
5% Vacancy ā $1,028
Net Income ā $16,799
ROI ā 12.26% (Return on Investment includes acquisition + $0.00 worth of work) Ā
Please note estimates are our opinion on value based on the data gathered. Ā
Please perform your own due-diligence Ā
Comps:
(1) 721 N. Ohio Ave Ā Sold for $165k on 05/23/25
(3bed 1 bath 1,466 Sqft Fully Renovated)
(2) 2019 Grant Ave Sold for $165k on 03/01/25
(3bed 1 bath 1,000 Sqft Updated)
(3) 811 N. Indiana Ave Sold for $164k on 11/07/24
(4bed 2 baths 736 Sqft Outdated)
(4) 2004 McKinley Ave Sold for $162k on 03/28/25
(3 bed 1 bath 1,146 Sqft Updated)
(5) 220 N. New Jersey Ave Sold for $159k on 12/06/24
(2bed 1 bath 880 Sqft Updated)
(6) 7 S. Metropolitan Ave Sold for $193k on 04/24/25
(2bed 1.5 baths 1,036 Sqft Fully Renovated)
CALL OR TEXT JOHN JARAMILLO FOR MORE INFO AT 732-630-2627
IF YOU NEED FUNDING TO PURCHASE THIS PROPERTY OR ANY OF OUR PROPERTIES, PLEASE GIVE US A CALL AND WE CAN PUT YOU IN TOUCH WITH ONE OF OUR AFFILIATEĀ LENDERS.
SERIOUS BUYERS ONLY PLEASE. Buyer must be purchased with cash, hard or private money, orĀ line ofĀ creditĀ and able to close within (10) days or less. 10% Non-Refundable deposit due within 48 hrs of acceptance. Property being sold āas isā, any and allĀ inspectionsĀ and certifications, includingĀ CertificateĀ of Occupancy will be Buyerās responsibility. Free and clear title, quick closing offered.
TO MAKE AN OFFER CALL John atĀ 732-630-2627.
All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon forĀ loan, valuation, or other purposes. The buyer is responsible at their sole cost and expense to obtain all required permits, approvals, and certificates, including but not limited to theĀ certificateĀ of occupancy and smoke detector certification.
*Estimate repairs are only an estimate, all buyers are encouraged to visit the property with the contractor and gather an estimate.
**After Repair Value is an estimate of what the property can be resold after repairs have been completed. All buyers should perform their own due diligence.