Log Cabin Duplex property rehab

Welcome to the amazing cashflowing duplex on Log Cabin road!
The owner went beyond in renovating this property.
Expect $950 rent for each unit for a total of $1900 rent!

Renovations include:
-New 2 story exterior staircase and deck at back of home
-2 new Hot water tanks
-2 new furnaces
-Replace siding on side and rear of home
-Replace 2 glass window panes
-New lock sets on all entry and security doors
-17 new screens
-Repair replace gutters/downspouts etc
-New address plaque
-New front handrail
-6 new interior doors and hardware
-Rehab basement
-New handrail to basement
-New laundry tub and hardware
-New 2nd electrical meter and service line
-New GFCIs throughout both units
-New light fixtures in both units
-Updated bathroom in upper unit
-Updated kitchen in upper unit including new cupboards, countertop, sink & faucet
-Updated bathroom in lower unit
-Updated kitchen in lower unit including new cupboards, countertop, sink & faucet
-23 new window blinds
-New flooring (LVP)
-Patch, prime and paint throughout

As of March, one side is currently occupied and the other is being marketed for a tenant.

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