Investor/Renovator Dream-Contract for assignment on duplex with huge cash flow potential
Hello fellow investors at the OLA!
I have a house in Whitby under contract.
It has 2 apartments: 3 bedroom on the main floor and a 2 bedroom suite in the basement. (2 kitchens, 2 bathrooms, separate entrance and it was rented to the tenants).
The house is offered well below the market value at $225,000 and it needs some work.
The similar property on the same street was renovated, appraised at $300,000 and is currently rented for $1300 main plus $900 basement with tenants paying utilities. This is a fantastic opportunity for a renovator or for investor who wants to keep the property and to enjoy the cash flow of up to $700/month.
Ina Gefter
Intelligent properties
intelligentpros@gmail.com
Investor/Renovator Dream in Whitby
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