Unique Investor’s Package – SW Ardmore- 2 Income Generating Properties with Additional Income Potential
Wanting to purchase rental properties or expand your rental portfolio? Here is package of 4 investment properties located in Southwest Ardmore. All 4 reside on 2 lots so they would be easy to manage with close proximity to one another. The wonderful part of this package is that 2 provide rental income and the other two could be renovated for additional income.
The package consists of:
- 218 SW E St- This is a duplex of which half is currently rented. This 2 bedroom/ 1 bath has been updated and renovated prior to current occupant. Rents at $700.00 per month- Seller requests advance notice to tenants prior to showing. Has small fenced yard and single car garage with washer/ dryer connection. All appliances will stay.
- 220 SW E St-Second half of the duplex has been partially cleared out and ready for completion. Original hardwood floors are in good condition. This duplex does have access to a single car garage. This is also a 2 bedroom/ 1 bath- With updating this also would rent for $700.00 per month.
- 224 SW E St- This home is 3 bedroom, 2 bath with second living area. Rents for $900.00 per month. Approximate square footage is 1735. It offers central heat and air that was replaced in 2007, spacious kitchen that opens to the dining room, and bonus room at the back of the house. Bonus room does have window unit for heating and cooling. There are hardwood floors under the carpet. With some updating this property would rent closer to $950.00 to $1,100.00.
- 222 SW E St- The 2 bedroom/ 1 bath cottage has original fixtures and they are all in good condition. The walls are constructed with 1 inch planks and with some updating the property would potentially rent for $450.00 to $500.00 per month. It also has a single car garage.
Roofs on all properties were replaced in 2012. Each property has its own electric meter. All appliances with remain with sale of property. Properties are walking distance to Lincoln Elementary.
If you want a turn-key investment where you can start making money from day one while finishing the other 2 then this could be a deal for you. Call to arrange a private showing today.