The newest Pine Hills opportunity is here for the picking and we are offering it at less than $59 per sqft. This is a house with countless potential. Built as a 3/2, the current owner converted it into a 5/2. The garage was converted into a mother-in-law suite that consist of 2 bedrooms, 1 bathroom, a kitchen and living/dining room area with its own entrance door. This is currently rented for $400 monthly. The main house consists of 4 bedrooms, 1-bathroom which is rented at $900 monthly. This allows for an investor to have multiple exit strategies.
If you’re looking at this property as a flip, it could be easily converted into a 4/2 that will feature large bedrooms. With a full rehab at the current ARV, an investor can easily earn a potential 30k in profits when done right. If you’re more into a long term buy and hold this property is currently rented at $1300 monthly with tenants on a month to month arrangement.
This is surely a deal you wouldn’t want to miss!