undefined Baldwin Terrace, Hampton, VA 23666

Property Status: Available (Wholesale) | For Sale: $79,700.00


3 Bedrooms / 1 Baths / Single Family


Flip or Buy & Hold!!! Make your best offer. Currently rented for $750 per month.


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $79,700.00
Property Details:
Property Style:
Ranch
Year Built:
1954
Finished Sq Ft:
776
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
Central Air
Contact Info
US Reclamation LLC
(757) 276-6070

View on Individual's Website
Great Investment Property for your portfolio! This 776 sqft Single Family home has 3 bedrooms and 1.0 bathroom. Priced to sell!! Needs less than 5K in Upgrades/Cosmetic repairs (Low maintenance rental property) with GREAT ROI. This property is currently rented for $750.00 per month with a long term tenant. ARV-121k Priced to sell at 70% of the ARV ***ROI*** Yearly Earnings- $9,000 per year/$750.00 per month Expenses (includes property taxes, and insurance)- $1,300 for the year Annual return of $7,700 for the year ($9,000 - $1,300). To calculate the property’s ROI: UPDATES VS NO UPDATES Total Investment of $79,700 (NO REPAIRS MADE TO THE PROPERTY LEAVE IT TURN KEY FOR A YEAR) $7,700 ÷ $79,700= 0.096 or 9.6% ROI - 9.6% (For a year with no upgrades made to the property) Total Investment of $7,000 (5K in UPDATES/REPAIRS MADE TO THE PROPERTY) $7,700 ÷ $84,700= 0.090 or 9.0% ROI - 9.0% (For a year with upgrades made to the property)

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Tidewater Real Estate Investors Group is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

Contact Us

Tidewater Real Estate Investors Group
  • (800) 874-4976
  • P.O. Box 5193
  • Virginia BeachVA  23471

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