Need a summer project just in time for seasonal rentals?
Laundry room fire has rendered this 6 BR bedroom 3 BA bath house, up for a great rental investment find. Property has been 'cleaned out' and owners are looking to sell 'as is'.
Appraised in August 2023 for $210k 'as is' or $395k post renovation. Have engineers letter stating structural integrity of house. Excellent rental history, with docs available.
House has multiple entrances (perfect AurBnB) are minutes from Saratoga Springs, Saratoga Performing Arts Center (SPAC), and NAVY nuclear site. Rental docs for NAVY rental @$5000 per month from 2 yrs ago.
Asking $190k or $20k below "as is" appraisal. Purchase and appraisal are for 6BR 3BA front house. Fully furnished cottage is bonus.
Please call to discuss extent of damage and see it this might be 'a good fit'. You MUST have proof of funds for purchase prior to viewing. Prefer CASH OFFERS ONLY since this might need to be a 1031 sale, or would consider exchange for Florida or another rental property.