88 E Forest Drive
Property Description
INVESTOR OPPORTUNITY IN WOODSTOCK! See 3d virtual tour Two-unit income property with immediate cash flow and value-add potential. Unit A is a 3 bedroom/2 bath currently rented at $1,500/month. Unit B is a vacant 1 bedroom/1 bath with an estimated rental potential of approximately $900/month, providing an opportunity to increase total gross income to approximately $2,400/month / $28,800 annually. Property consists of two lots and 1983 manufactured housing and is being sold AS-IS with deferred maintenance reflected in the pricing. Excellent opportunity for an investor looking for existing income with additional upside through repairs, improvements and lease-up of the vacant unit. Making this an attractive acquisition for investors seeking creative financing exit. Convenient Woodstock location near shopping, employment, schools and major roadways. Do not disturb tenant. POF and Appointment required. Buyer to perform all due diligence regarding condition, zoning, use, rental potential and manufactured-home status.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $230,000 |
| No. of Units: | 2 |
| Year Built: | 1983 |
| Opportunity Zone: | No |
| Price per unit: | $115,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FMLSGA-7849303
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