UNIQUE OPPORTUNITY: This is a Section 8 property with the rent being subsidized by the government. Additionally, this unit can potentially be used as multifamily in the future: Upstairs offers 1 bedroom / 1 bath with kitchen AND downstairs offers 2 bedrooms and 1 bath, also with a kitchen.
It is not currently setup as a multi family but it offers versatile living arrangements with 2 kitchens and 2 bathrooms, perfect for multi-generational families or rental opportunities down the road.

Renovations include:
– New roof on home
– New roof on garage
– Bathroom sink and toilet were also updated in one bathroom
– New garage door installed
– New drain pipe in the basement.
– New kitchen counters, countertops, sink and faucets,
– New carpet
– New bathroom hardware
– New paint
– Refinished Hardwood floors
– Red brick exterior
– Dry lock basement.

This property is being marketed for a FlipSystem client.

MartelTurnkey has partnered with some of the top lenders that provide a wide range of financial solutions to meet your Rental investing needs. Talk to an Advisor to learn more or visit our partner to get pre-approved.

Click here to learn more about the property management in our markets. If you have any further questions please schedule a call with an advisor

Purchase and Sale Agreement (PSA): A PSA will be delivered electronically once an agreement has been made and must be executed by Buyer within 24 hours of receipt.
Earnest Money Deposit (EMD) of $1,000 must be wired to the Title Company within 3 days of PSA signing.
Appraisal Contingency is available for financed properties, and will be waived automatically if the property appraises for the sale price. If it does not appraise for the sale price, then the Buyer and Seller will have the opportunity to come to terms or the Buyer can cancel the contract.
Closing Date: The Closing Date will occur within 15 days of PSA execution for cash transactions and 45 days of PSA execution for financing unless otherwise agreed by Buyer and Seller.
Lease Agreement: The current lease agreement will be provided to Buyer at Closing.
Closing Costs: Closing costs shall be paid based on local custom, and will include discounts negotiated by Martel TurnKey to lower transaction costs for Buyers and Sellers. Actual closing costs will be outlined on the final settlement statement.

Click here to learn more about buying rental properties from MartelTurnkey. If you have any further questions, schedule a call with an advisor