Off-market 4 bed / 2 bath Cape Cod, about 1,700 sq ft, in Charleston, WV 25306. It's a solid, livable house that needs cosmetic work, not a gut. It works as a fix-and-flip, a BRRRR or a long-term rental.
PROPETY OVERVIEW:
4beds / 2 baths
1,584 sqft
0.172 acres lot
Year Built: 1952
Vacant
THE NUMBERS
Asking Price: $39,900
Estimated Rehab: $20,000 (roof not included)
ARV (conservative): $130,000
All-In: about $79,900, roughly 61% of ARV
Potential Spread: $50,000+ before closing and holding costs
RENTAL SNAPSHOT
Market Rent: about $1,600/month
Estimated Cash Flow After Refinance: $450+/month
BRRRR Potential: 85% LTV refinance after rehab
PROPERTY HIGHLIGHTS- 4 bedrooms, including two upstairs dormer bedrooms- 2 full bathrooms- Hardwood floors throughout much of the home- Full unfinished basement with a newer-style furnace and plenty of storage or workshop space- Covered front porch and a good-sized yard- Roof is older but has no active leaks; budget about $7K if you replace it- Mostly paint, flooring, kitchen and bath updates
EXIT STRATEGIESFix and flip, BRRRR, or buy and hold
This one is priced to move. Cash or hard money buyers only. Buyer to do their own due diligence; all numbers are estimates.
For fastest response: Cherrie – Dispo Manager Call/Text: (404) 620-2544
NEED HELP MOVING YOUR OWN DEALS? We partner with investors and realtors on a non-exclusive basis to help dispo off-market properties through InvestorLift using our national cash-buyer network. We handle buyer communication, coordinate access and escrow, and offer competitive JV marketing terms, allowing our partners to stay focused on sourcing more inventory.
