It has been a long time since most people have been able to come across potential investment rental properties that offer the potential for positive or even cash flow without a significant amount of money down. This post is about two townhouses that offer that kind of potential.
Both of these townhouses are available at an ABSOLUTE auction on November 2nd. Absolute auction, means that the high bidder purchases the property at that price, regardless of price. There is no reserve price. The tax assessed value on both townhouses are between $117,000 and $126,000.
It is very feasible that someone could buy one or both of these properties and rent them for the amount of their mortgage payment or even more than their mortgatge payment.
If you are interested in making a pre-auction bid or attending the auction, email or call me for details on the auction process. To see the properties visit www.21BentleyCt.com or www.23BentleyCt.com.
Jeff Edmisten
The Edmisten TEAM
Keller Williams Realty
(540) 538-7222
www.jedmisten.com
jedmisten@kw.com
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