Long term investors this is the ultimate passive investment. Buy now, realize immediate gain (priced well under market value), then sit back! No expenses to pay, taxes, insurance, upkeep all paid for by the current owner, who will remain the resident and will pay a nominal rent of $2,000 per month. Current is 70 year old and will maintain a Life Estate interest. Possible vendor take back mortgage financing option at 0% interest, down payment negotiable. Invest in this large bright lot in the evolving community of Norgate. A unique opportunity for serious investors.

Taxes (2017): $5,416.27


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