This spacious porchfront rowhome has tenants on a one-year lease (through June 2015) for $2,200/month. Perfect for someone looking to get started as a real estate investor, this is a turn-key property just north of the Woodland Ave corridor, right off the USP campus and a few short blocks from Clark Park. The renovation is not fancy, but all the important stuff was done—new electric, including hardwired smoke detectors, plumbing, windows, and a dedicated cable line and 20-amp circuit in each bedroom—with safety and convenience as top priorities. The open floor plan living room/dining room/kitchen has high ceilings, a cool exposed brick wall, decorative fireplace and access to the rear yard. There is a full bath on this floor as well as a rear bedroom with a walk-in closet large enough to serve as a study area. The second floor has a large front bedroom with pretty original armoire, a large rear bedroom, two smaller middle bedrooms (current tenants have precisely calculated their respective portions of the rent based on square footage) and a clean and simple hall bathroom. The basement is unfinished but clean and bright, and offers a washer and dryer, so no trips to the laundromat needed. Bonus: The newer blower and ductwork are AC-ready; all a new owner has to do to is install a condenser and add value for increased rents.
Can be sold as a package with 1208 S Markoe St.
- SOLD: $187,500
- 5 bds/2 baths
- 1,240 sq ft
- Rented through 6/2015 for $2200/month