HOT 12TH CEDAR RAPIDS, IA 52402

Features

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Description

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

This is a rehab opportunity for someone. I live too far away to effectively manage this, and unfortunately hired the wrong person to do the work. Needs some rafter work on the back of the house, and some shingle work. The roof is a year old but a tree fell on it a year ago (derecho). Its ready for construction. Needs everything inside, except wiring. The upside is its a small house, so if youre able to do the work yourself, it would be relatively inexpensive and make a great investment property. The stuff inside belongs to the person I hired. You might see a trailer in the back thats his too. Theyve done some demo and started some drywall. Fixed value is easily $90k+. Nice neighborhood. Near Coe College and easy access to the interstate. If youre interested take a look around the house. There are padlocks on the front and back doorsif youre still interested after looking at the outside give me a call and we can discuss and if still interested we can set an appointment to get inside. Call or text me at 515 991 1340 Seller financing possible for the right person. That would require a down payment. #investmentproperty #rehab #landlord #rental #sweatequity

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