Property Description:
All units are 2 bed / 1 bath, 1100 sqft each.
Separate utilities with gas heat.
Owner lives in 1 unit and the other 2 tenants are on month to month leases.
ARV is $250K, estimated rehab to update building & units to ARV value is $10K - $15K.
Rents are $900, $850, $900 (owners unit).
Taxes are $4,491, Insurance is $2,000 annual, & Water / sewer is $1,400 annual. COMPS: 1) 87 Jacobs Street, Bristol, Under contract at $260K - gas heat - 2 car detached garage - 3654 sqft - same style house - rehabbed - similar rents, 2) 34 Burlington Ave Bristol - sold for $245K 12/29/19 - 6 / 3 - 2963 sqft - rehabbed, 3) 36 South Street Extension - sold for $205K 1/7/20 - 6 / 3 - 3298 sqft. *** Cash Purchase - Serious Inquiries only, must provide proof of funds to setup a showing. ***