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***REDUCTION***          NEW PRICE!!!          ***MOTIVATED SELLER***
We are pleased to bring this recently upgraded and redecorated traditional starter home to the Troy Real Estate Market, below the Miami County Auditors’ tax appraisal value of $59,200. The current market rate in terms of $ / sq.ft for this neighborhood is $59 or 1,154 x 59 = $68,086.
Although you will find this home listed as a two bedroom unit, it is classified as a FOUR bedroom home by the Miami County Metro Housing Authority; who currently subsidizes 100% of the rent at $590.00 and utilities for the existing tenant. A GUARANTEED CONTINUOUS INCOME INVESTMENT!!!
This is a perfect opportunity for a novice or experienced investor to expand their portfolio with a guaranteed positive cash flow unit, or for a young couple beginning their life journey to take the first step of realizing the American dream of home ownership with their first starter home.
There are too many upgrades and amenities to list but include a new furnace, 50% replacement windows, a new replacement water heater, upgraded bathroom, freshly painted inside and out, extra deep fenced lot 202' x 48', and storage shed.
We are willing to assist any qualified buyer and pay up to $1,000 in buyer paid closing costs.
TAX ASSESMENT VALUES LAND $20,500, IMPROVEMENTS $38,700, TOTAL $59,200. SEMI ANNUAL TAX PAYMENT OF $364.
Additional photo's can be seen at www.224eastcanal.multiply.com or email me at the following address, CanalStr4Sale@aol.com |