Today’s hot property is a great rental or flip in Sandston. This is a large two bedroom with an easy play on a third that is currently rented but at this price you might want to flip the property. There is a tenant that would like to stay til the end of the year, and perhaps longer but the rent is below market right now so please take that into consideration. A new lease should be signed, or a new tenant should be found.
The house is in great shape and for a rental it needs nothing except more rent. There are a few projects if you’d like to flip the home but recon should be low and the retail estimates on this one are in the 160-170k range. It could use new carpet and paint, and the kitchen is dated. There is a great deck out back and a large flat lot. The house does have AC for rental calculations.
There is a walk-through on this property this Thursday at 9:00AM.