$229,000

Residential · MLS® A2282956
2Bedrooms
2Bathrooms
506.1Sq Ft
1Garage
1976Year Built
02 / Overview

PROPERTY OVERVIEW

Diamond in the Rough with Updates! This 954 sq ft, 2-bedroom, 2-bath end-unit townhome is a great opportunity for first-time buyers or investors looking to add value. The home has had some renovations completed since 2022, offering a head start while still leaving room to make it your own.

The functional layout features two full baths, decent-sized bedrooms, laundry, and the added privacy of an end unit. Even better, this property comes with no condo fees, helping keep monthly costs low...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area506.1 sq ft
ZoningRC-G
HeatingCentral • Forced Air • Natural Gas
CoolingNone
ParkingAlley Access • Parking Pad
ExteriorBalcony
BasementNone
Year Built1976
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$29After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-0.8%With 20% down payment
Est. Monthly Rent$986Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FOREST LAWN

Moderate Investment
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Investment Score65/100
Avg Home Price$573K
Active Listings32
Listed by Keith Hill · eXp Realty