1512 Lombard Street,
Attention Investors! A true Handyman Special! There is money to be made here. Price reflects the condition. Bathrooms, kitchen and flooring have all been removed. The roof has just recently been replaced and the home has a new A/C system. There are some exterior siding repairs needing done as well. All told an investor can pay the asking price, put in the estimated cost for repairs, resale costs and come out with a 25% return on money invested. This is based on hiring contractors to do the work. If done with an owner builder permit the profit would be higher. This is a cash only transaction. No conventional financing will be available for this property.
Port Malabar Unit 42