2603 Legene Dr (4 Properties)

🔥 Joe HomeBuyer Exclusive 🔥

📅 Walkthrough: Saturday 12/6 – Contact for Details ☎️
⏳ Offers Due: 24 Hours After Walkthrough 📝💰

🔥 Multiple Property 40216 Investment • 4 Properties • 2.1 Acres • $4,800 Monthly Potential Income • Owner Finance Terms Available 🔥

This rare multiple Property investment package sits on 2.1 acres in 40216 and includes four separate income-producing properties on a single parcel. The portfolio features two single-family homes, one duplex, and a barn converted into a full apartment. All properties Range from full rehab to light cosmetics.

Roof on 2603 Legene Dr was replaced last year, and that unit has central air. All other units use window AC. With a combined rent total Potential of $4,800 per month, this is a powerful cash-flowing opportunity with owner financing terms already structured for an investor-friendly entry.

💰 Owner Finance Terms

Purchase Price: $475,000
Down Payment: $25,000
Monthly Payment: $2,120 for 60 months (includes 6 percent interest)
Balloon Payment: $355,000 due at the end of 60 Months
Total Paid Over Term: $127,200 in monthly payments

📌 Properties sit on one parcel, and can be subdivided if desired.


🏡 Property Breakdown

🏠 2603 Legene Dr (SFH)
3 Bed 1.5 Bath
Roof replaced last year
Central Air
💵Current Tenant Pays $1,400 per month (Month to month agreement)


🏠 2602 Legene Dr
2 Bed 1 Bath
💵 Rent: Previous Rented for $850 per month


🏠 4901 Mark Jones Way (SFH)
2 Bed 1 Bath
💵 Current Tenant pays $1,200 per month (Month to month agreement)


🏘 4903 Mark Jones Way (Duplex)
Unit 1: 2 Bed 1 Bath – Previously rented for$850 per month
Unit 2: 1 Bed 1 Bath – $500 per month - Will be vacant at closing

💵 Total Monthly Income
$4,800 per month Potential
$57,600 per year Potential


📍 Location Benefits
Located in 40216 with strong rental demand
2.1 acres for expansion, development, or restructuring
Multiple exit strategies: BRRRR, hold, restructure units, subdivide, or future retail resale


📑 Additional Details
🏢 Closing with Borders and Borders Title Company
💵 Assignment EMD $5,000