$61,000 Cash Flow Baby! $$$ - Semi-Detached 3br, Elsmere Manor in Wilmington, Delaware

$61,000
Cash Flow Baby! $$$ - Semi-Detached 3br, Elsmere Manor
Price: $1,050
Type: Houses for sale
State: Delaware  City: Wilmington  Category: Houses for sale
Houses for sale in Delaware
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I have a nice 3 bedroom, 1 bath, twin in Elsmere Manor. This would make an excellent rental property or a great light rehab. It is in good shape, just a little dated. A tenant could move in tomorrow. Or you could do cosmetics paint and carpet and sell this to an end buyer for a nice profit. This is a great neighborhood that shows pride in ownership. Brick exterior, newer vinyl window and roof, nice hardwood floors under the carpet, shed in the back yard. You could clean up and paint, and this house will be ready to rent. Estimated rent is $xxxx/mo. This property will give you a great cash on cash return of about 20%. In less than 6 years, you will have all of your money back out of this house. The price is $61,900. Estimated ARV is $100,000 Click for a video tour http