$29,999 · LELAND, MS 38756
Works for flippers

Available

$29,999Asking price

3 bd · 2 ba · 1,684 sq ft · built 1945

LELAND, MS 38756

No contract on file

via InvestorLift Classic

1 view · listed Sep 15

Works for flippers

The Numbers

Sells for (ARV)From the listing: $150,000
Asking price: −$29,999
RepairsMiddle of the seller’s $5,000 – $25,000. Ours: $41,000 – $73,500: −$15,000
Loan, holding, closing20% down, 12% interest, 2 points, 66 days: −$6,401
Profit65.7% of ARV · flippers want 10%+: $98,600
Works

Works for a flipper up to $108,000.

BUYMYPROPS.COM

Solomon

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Comps

ARV $150,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $53,000.

The sales behind this value are shown to members.

ARV $150,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

BUYMYPROPS.COM

Solomon

No reviews yet

Seller Description

3BR/2BA in Leland, MS | 1,684 SF | 0.6 Acres | Full Renovation Opportunity

Description

509 E 3rd St, Leland, MS 38756

Great value-add opportunity in Leland, MS! This property features a 3-bedroom, 2-bathroom single-family home with approximately 1,684 sq ft situated on approximately 0.6 acres.

The home was previously in the process of being renovated and is now being offered as a full renovation opportunity. The metal roof does not currently leak, although the seller is unsure of its age. The HVAC system stopped working and will need to be replaced; the existing ductwork is still intact.

With a spacious home and a nice-sized lot, this property offers a solid opportunity for an investor looking for a renovation project.

Property Highlights:

3 Bedrooms / 2 BathroomsApproximately 1,684 Sq FtApproximately 0.6 AcresFull renovation opportunityRenovation was previously startedMetal roof — currently no known leaksExisting ductwork intactHVAC unit needs replacementPotential flip or rental opportunity

Call or text Solomon at 470-704-9127 for photos, additional details, or access.