This is a house best suited for a buy and hold investor. Great returns after rehab here. See details below and reply to post if you are interested in purchasing. Only cash buyers.
Details:
2 bed, 1 bath
1054 Sq Ft
Built in 1930
Corner lot
Repairs Needed:
Refinish wood floors
Install kitchen (it is down to studs right now)
Install bathroom (also down to studs)
New windows
Paint inside/outside
ARV: MLS comps show $/sqft to range from $72-$62. I'll take the middle road and peg this house at ~$70,618 using $67/sqft.
Rents: According to Rentometer.com, rents range from $1000 - $425 with a median of $625. You can EASILY beat $625 with a recently renovated house.