Bad credit or no credit? Can'tquality for conventional financing?
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Renovated Brick 3 flat. New back porch stairs. New Roof. New Furnaces and Water Tanks in all 3 units. Partial new facade in front. New tuck-pointing north side. New wood fence rear perimeter. Newer plumbing and electrical. Perfect for owner-occupant or investor. Live in one unit and pay the mortgage with the income from the other two! OR, if you are looking for income and ROI, this is YOUR deal! $2,965 in gross monthly rents from the 3 rental units. CHA pays $2,858 of total. 12.5% CAP rate off actual NOI.
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