The market isn't what it was 6 months ago, let alone 2 years ago. We were viewing properties every other day listed around $25,000, crazy. Now the real steals are a little harder to find. The market is in an upswing. When you come across a gem, you have to jump on it screaming "MINE" while baring your teeth. This is one of those gems. Grrrrrrr
First off, it's already green(ish)
With all original hardwood floors
A decent layout
and three bedrooms
Which would in and of itself be a pretty good deal for the asking price of $55K, but what makes it a steal is that it has..............wait for it..................a 2 bedroom guest house
Potential rental income: $1800-$2000/month
Also, it's a Fannie May property and we can finance it. Scha-wing! Offer submitted.