#Listed: New Year, New Investments
This week’s #Listed features 2 of the best real estate investments on the market today. Skye Coleman-Weisz, Broker/Owner at RE/MAX All-Star, Realtors explains what makes these properties worth looking into.
322 S 3rd E Riverton, WY 82501
This 2 bed 1 bath, 1 car garage foreclosure is currently the cheapest property for sale in the Riverton market. At only $40,900 this property is ripe for an investor to potentially purchase this property for passive income.
Even if you had to pay full price for this property, with a 20% down ($8,180) in-house conventional loan of your choice your total payment including property taxes ($594) and insurance (approx. $800) amortized over 15 years will make your total payment only $383.52/month!
Try to find a 2 bedroom rental in our town for that price and you’ll see just how good of deal 322 S 3rd E really is! There is some repair work that needs done for this price, yes. But many vehicles today cost more than what’s needed for this.
1303 E Forest Riverton, WY 82501
If you or your family is out growing your current residence, 1303 E Forest might just be the perfect place for you spread out. This is an over 3,000 sq. ft home, spread over 3 levels of living space that has bedrooms and potential living rooms on each level.
Priced now at $163,700 this home has sold just a few years ago at over $250,000! You’re probably saying, “Why is this home so cheap?!” And the answer is, because it’s a foreclosure with some repairs needed.
If you have any questions regarding either of these properties, please don’t hesitate to call any of the knowledgeable agents at RE/MAX All-Star, Realtors who can show them to you. Representing your interests, they’ll work to get you the best price possible.
Your local RE/MAX Agents are all MLS members, meaning they can show you ANY home on the market, regardless of who has it listed!
CALL 307-856-7827 TODAY TO GET STARTED!
RE/MAX ALL STAR, REALTORS
938 W Main St, Riverton, WY 82501