41599

$149,500

Details

  • $149,500
  • Bank Foreclosure
  • Detached , Detached - 1 1/2 Storey
  • Lot Size: 576 Sq Ft.

A Bank Foreclosure is a property that has been repossessed by the bank because the owner was not able to make the required mortgage payments for the property. When this happens, the bank is now considered as the owner of the property. Most of the time, banks are not ready to own homes. That is why typically, they are eager to sell these homes to buyers at a very attractive price. Although their asking (list) price is provided, you may also present a reasonable offer below this list price. If there is no Listing Agent available, you can make offers yourself and contact the bank directly.Location! Location! Location! Historically, the hill area has a great resale value. It is an excellent location for student rental income. Total of 5 bedrooms with potential income of $400 to $450 per room (heated and lighted) or renting unheated and unlighted for $1,500 to $1,600 for the whole house, or just simply a great inexpensive home for a young growing family. Close to schools, universities, YMCA, shopping, O’Dell Park, downtown walking trail. Home sits on a nice yard with a shed in the back yard.

Notes: Location! Location! Location! Historically, the hill area has a great resale value. It is an excellent location for student rental income. Total of 5 bedrooms with potential income of $400 to $450 per room (heated and lighted) or renting unheated and unlighted for $1,500 to $1,600 for the whole house, or just simply a great inexpensive home for a young growing family. Close to schools, universities, YMCA, shopping, O’Dell Park, downtown walking trail. Home sits on a nice yard with a shed in the back yard.

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