DESCRIPTION:
Don’t miss your chance at this 1950 build in Mason Park Terrace subdivision. This house has 3 bedrooms and 2 bathrooms with 1,460 sqft of living space and a detached garage that has been converted into a game room/media room with about 800 sqft. Situated on a 6,466 sqft lot.
This property is currently leased for $1,800/month to month. Tenant pays all utilities including lawn care. Ability to convert garage into an ADU for additional monthly income.
REHAB:
Updates done already include:
New drainage system
HVAC system in good condition
Laminate flooring
Granite counter tops
Paint
Garage is in good condition ready for permitted ADU conversion
Roof replacement recommended
some interior upgrades
MISCELLANEOUS:
Do not disturb! View by appointment!
Multiple exit strategies!
Flip with interior updates and roof repair.
ARV: $340,000
Buy and Hold Rental:
Renovated ADU for additional rental income
Current rent: $1,800/month
Potential rent with ADU: $2,800-$3,100/month
Flood zone code X500- never flooded per seller