๐ OFF-MARKET RENTAL OPPORTUNITY โ NORTHWOODS | 5 BED / 2.5 BATH
Contract for sale / End Buyers Only / DSCR Financing OK
๐ DEAL OVERVIEW
๐ฐ Asking Price: $129,000
๐ After Repair Value (ARV): ~$210,000
๐ต Rental Estimates:
โก๏ธ Strong value-add rental in Northwoods with a rare 5-bedroom layout and walkout basement, ideal for a long-term hold or Section 8 strategy.
๐ PROPERTY DETAILS
Beds / Baths: 5 Bedrooms | 2.5 Bathrooms
Basement: Walkout basement, partially finished
Includes 1 bedroom + bathroom
Condition:
Cosmetic updates needed throughout
Roof requires immediate replacement
Systems:
โ๏ธ HVAC: Older system
๐ง Water Heater: 2021
๐ ๏ธ Plumbing: Updated; main stack is cast iron
๐งฑ Foundation: No known foundation issues noted
๐ก INVESTMENT NOTES
Functional layout with basement bedroom/bath adds rental flexibility
Strong Section 8 demand in the area
Suitable for DSCR financing after stabilization
๐ SHOWING INFORMATION
Tenant Occupied โ DO NOT DISTURB TENANTS
Property will be vacant at close
Showings by appointment only
Access limited to pre-scheduled viewing windows
๐๏ธ CLOSING DETAILS
Close of Escrow: On or before March 20
Vacant at Closing
Title guaranteed clear or EMD fully refundable
๐ TERMS OF SALE (NON-NEGOTIABLE)
Earnest Money Deposit: $3,000
Due within 24 hours of accepted offer
Contract is not valid until EMD has cleared
Proof of Funds & Pre-Approval required with all offers
Property available for viewing only during scheduled showing times
Failure to meet EMD deadline voids the contract
๐ฉ HOW TO SUBMIT AN OFFER
Submit offers on our webiste or directly to Andrei with:
For Any questions text or call Andrei at (314) 200- 5832
3 Bedrooms | 1 Baths | 1,135 ft