Hello Investors:
Here's a great deal, regardless of what you ultimately want to do with it:
314 Smithfield Ave, Winchester, VA 22601
Available today for $99,000
We're offering this
property so far below the market value in order to generate a quick sale, hopefully to a cash investor.
Here are the stats on the house:
- 3 bedrooms, 2 bathrooms, 1,582 square feet with large rooms
- Large 2 car detached garage that needs
rehab
- Recently renovated kitchen, newer gas furnace and hot water heater
- Solid construction with hardwood floors throughout
- Relatively good overall condition
- Centrally located in the City of Winchester - close to everything
If you want to do no work, rent it out and generate great cash flow, there's a Section 8 tenant who's been there for 10 years and has recently been approved receive government assistance to pay up to $1,700/month in rent. The tenant can sign a new lease with you and your return will be locked in.
If you want to rehab and flip the house, the tenant is
currently on notice and is preparing to leave, in case the new owner wants the property vacant.
If you'd like to see more of this house (which is currently pretty full of personal possessions), click the button below:
