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1
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Description:
Large and Stately home in Elegant older neighborhood. This home was the height of fashion back in its day! 5 bedrooms and 1 bath, larger rooms, good mechanicals, deck off the kitchen. Comparables are historically between $200,000 and $300,000 on this block. I kid you not! Make this an nice large rental for now and wait for the market to shift!
Projected Rent: $1800
Taxes: $1,150
Ground Rent: Uncertain
Heating: FHA
Plumbing: Uncertain
Electric: Uncertain
Rehab: Cost to rehab for Rental $15,000; Cost to rehab for Retail $40,000
Compare To: 1720 McCulloh @ $228,000-4/2009; 1716 McCulloh @ $119,000-11/2008
Directions: Going North on MLK BLvd make left onto McCulloh