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[SOLD] Cash Flowing Rental House with long term tenant in place.  He’s been in the house for over 20 years and pays $600 per month.

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The tenant has been on a month-to-month for the past 15 years.  They wish to stay, but this gives you the flexibility to either keep this as cash flowing property or do a fix & flip.

The address is: 6631 S 6th Ave in Phoenix AZ 85041. You can drive by, but DO NOT contact the tenants!  Call or text me at 602-299-0448 for access!   Screen Shot 2014-10-09 at 2.03.43 PM

  • Collects $600 per Month in Rents
  • Currently on Month-to-Month, but wants to stay
  • 2/1
  • 804 s.f.
  • Large Lot Size 7,601 s.f.
  • Has working swamp cooler
  • Repairs Needed = Ceiling damage in bathrooms & hallway from leaking swamp coolers.  Roof has been replaced 2 to 3 years ago.

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Wholesale “Cash” Price:  $44,500

This is a “Cash” only sale, and you must be able to close quickly.

I sold the house next door at 6627 S 6th Ave in June 2014 for $32,000 but it was in much WORSE condition.  It needed a COMPLETE interior overhaul, and doesn’t have a carport.

Also, 6606 S 6th Ave is another 2/1 house just a few doors down.  It’s the exact same style house and is Pending Short Sale at $49,900.

  * Wholesale Price is with Buyer paying closing costs.  Taxes are prorated.

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Pictures:

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How To Buy

Our properties sell extremely fast and are sold on a first come, first serve basis.  If you are interested and would like to put this property under contract, please download the contract package by clicking the “Download Now” button below.  Fill it out, and email it to david@buywholesalehomesnow.com.  You can call us with any questions at 602-299-0448. red_downloadnow