6 Rental Package (Sub2)

This is a great opportunity to get into a package of 6 performing rental properties without putting down a lot of cash or using bank financing.

The owner of this package is willing to sell these properties subject to the existing mortgages for an out of pocket cost of only $48,000. Buyer pays closing costs and assumes existing mortgages totaling $185,118.

All properties are currently occupied and cash flowing. Properties must be sold as a package. Payments below include taxes and insurance.

Address Beds Rent Payment Owed
2901 Eastern Ave 2 $550 $270 $29,262
3310 Orchard Ave 2 $650 $428 $31,792
3516 Orchard Ave 2 $600 $350 $23,671
1801 E 34th St 2 $550 $419 $30,154
2754 Station St 2 $550 $462 $35,748
3056 N Olney St 3 $650 $306 $34,491

We are offering $500 per property BAC on this deal.

Info

  • Price: $233,118

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  • Balcony
  • Central Air
  • Fridge
  • Garage
  • Washer & Dryer Hookup
  • Washer & Dryer Included