Located in River Park close to Indaiana University, South Bend and close to the South Bend Potawatomi Zoo and Park, this area of South Bend is one that is desirable and has a lot of renovation going on. The neighborhoods have many owner occupants and a lot of investment activity is spurring higher values. This property has newer exterior windows, vinyl siding and a newer roof. There is a garage and a covered front porch, inside there is an open living room, kitchen with plenty of cabinets, an unfinished basement for storage and three bedrooms and a bath upstairs. The renovation on this house will likely start in the Spring as there is a tenant in place at the moment. The renovation will include a new hot water heater, hvac updates, luxury vinyl plank flooring, new appliances in the kitchen and likely new cabinets and granite tile countertops, new doors and door knobs as needed, and a completely redone bathroom. There will be lighting updates and much more. Ths home has a small back yard that is plenty for tenants to enjoy without being burdensome to take care of.
This property has a target rent range of around $875 per month and should be an excellent cash flow, rent-ready, income producing property. This is not guaranteed and is only a projection based upon past experience, rents change according to season and you should get your own rental comps and verify with the property manager of your choice.
ROI Turnkey Properties LLC brings this property to you through a relationship in our network that professionally renovates properties, this is not a property we own, rather through Realty Plus, LLC real estate brokerage our agent Patty Baba will write up the contract for you and be compensated 3% by the seller, providing us a referral fee for services rendered. We will discuss types of agency available prior to writing an offer on this property. Any related referral fees will be negotiated with the seller as part of the transaction and built into the price.