Nicely sized corner lot, big fenced backyard, extra-low taxes! A few streets from Point Breeze.
Needs full rehab in & out, however Homewood South property values are finally rising per surrounding developments. Has substantial interior (9 total rooms) & exterior space, + front porch w/awning. Proximity to East End neighborhoods is exceptional.
Will rent or sell very easily post-repair; ROI guaranteed with ARV est. $47,000, trending a 10% area increase by 2019. Initial investment very small; sound structure will go fast.
Property will pay for itself in 3-4 years.
- Taxes: $573
- Electric: Updated
- Plumbing: Removed; needs to be installed
- Kitchen: Needs updating/missing parts
- Bath: Needs one
- Roof: Shingle; old
- Furnace: Boiler; old
- Hot Water Tank: Needs replacing
- Windows: Old; need replacing
- Floors: 2
- Parking: On-Street
- Rental Potential: $1,200/mo