RENTAL! This home is leased through 12/1/2025. Buyer will be required to assume the lease of tenants that have been there for 10 months and always pays their rent on time. Current rent is $2100 a month "as is" and will increase to $2200 a month December 1st, 2024. The house eventually will be a teardown or at least taken down to the main floor and rebuilt new. All value is in the land if the house is removed you can build three new homes on the property. No showings without a signed PSA. DO NOT GO ON THE PROPERTY OR DISTURB TENANTS. Seller willing to consider a wrap-around loan of the current loan at 4.34% non-owner occupied loan for a period of 2-3 years subject to being cash out loan balance is approx. $290K.
Listed by:
RE/MAX Eastside Brokers, Inc.