Wednesday, March 25, 2009

Hurry and Steal This House (Lawrenceville) $48000

WANT TO EXPERIENCE A GREAT ARE WITHOUT THE HASSLE OF RIGHT ON TOP OF YOU? WELL, THIS THE RIGHT PLACE! ON THIS PEACEFUL AND SERENE HOME. THIS HOME IS NICLEY LANDSCAPED FOR THAT PERFECT FAMILY.

This is a siding ranch sitting on a nice size private lot.

This home offers 3 bedrooms with 2 baths! Also includes an additional rec room!

The home is really not in too bad of shape at all. The following is estimated repairs to retail: roof and gutters - $3500, interior paint - $1000, some carpet - $1000, new stove/oven - $500, updated light fixtures - $500, misc. carpentry repairs/ landscaping - $1000. Total rehab est. of $5k to $8k at most.

Tax value of $137,200 and the house last sold for $117,500 back in 11/04. The home has a as-is bank appraisal value of $116k (too high). After the simple rehab I would price house at $100k for quick sale or preferable keep in rental portfolio. Market rent $850-$900 per month rent rate.

Kevin Morice @: 678-427-7700 www.ThisGreatHouse.com

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