Investorlift

$179,900 · PETERSBURG, VA 23803
Works for flippers · Landlords would lose money

Sold

$179,900Asking price

3 bd · 1.5 ba · 1,557 sq ft · built 1957

PETERSBURG, VA 23803

No contract on file

via InvestorLift Classic

Listed Sep 10

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $330,000
Asking price: −$179,900
RepairsMiddle of the seller’s $40,000 – $60,000. Ours: $39,000 – $70,000: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$21,961
Profit23.7% of ARV · flippers want 10%+: $78,139
Works

Works for a flipper up to $222,000.

INS INVESTMENT PROPERTIES

External - Yana B.

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Comps

Sales

Rents

ARV $330,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

INS INVESTMENT PROPERTIES

External - Yana B.

No reviews yet

Seller Description

PROPERTY SPECIFICATIONS

Location: 25403 Cox Rd, Petersburg, VA 23803
Layout: 3 bedrooms, 1.5 bathrooms (1,556 sq ft)
Construction: Brick house
Systems & Infrastructure:
- Roof: Replaced in 2007
- HVAC: No central air (window AC units only)
- Plumbing & Electrical: No issues
Recent Updates:
- Painting completed
- New bathroom sink installed (one year ago)
- Kitchen floor replaced
- Some windows installed
Condition & Repairs Needed:
- Basement: Water leaking; needs sealing
- Flooring: Needs general flooring updates; den specifically requires new floors
- Gutters: Needs gutters fixed
- Windows: Needs additional windows installed in other rooms
Property Features:
- Basement
- Detached garage
- ShedPhotos: https://drive.google.com/drive/folders/1dska8uHMHze_VpTbB2h9sxEa7CSMvrXt
Occupancy & Showings:
- Status: Vacant for more than a month (seller relocated as the house is too big)
- Showings/Walkthroughs: Please call Yana at 305-760-4399

More About This Property

Nearby Markets12 cities · 8 counties · 12 ZIP codes

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ARV $330,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

Investorlift
VA
Petersburg
23803
PETERSBURG, VA 23803

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