A vacant, light-rehab single-family property with 1,292 square feet offers a straightforward value-add profile: a manageable repair scope, solid foundation, and an estimated after-repair value of $120,000. With three comparable sales ranging from $108,900 to $175,000, the opportunity is positioned for investors seeking a smaller project with meaningful upside potential.
The Numbers:Estimated ARV: $120,000, providing a clear resale-value benchmark.Estimated repairs: $15,000–$25,000, supporting a defined light-rehab strategy.Minimum EMD: $1,000, allowing investors to evaluate the opportunity with limited initial deposit exposure.
Property Details:2 bedrooms, 1 bathroom, and 1,292 square feet on an approximately 7,000-square-foot lot create a practical footprint for renovation, resale, or rental positioning.
Built in 1945, the home may benefit from targeted cosmetic updates while retaining its existing layout and single-family appeal. The property is vacant, which can simplify renovation planning and reduce occupancy-related complications.
The foundation is reported in good condition. Roof and HVAC ages are unknown and should be verified during due diligence, but the overall condition is described as fair to light rehab rather than a major reconstruction project. A driveway provides off-street parking.
Comp Support:Reported comparable sales include $175,000, $115,000, and $108,900. Together, they support the stated $120,000 ARV as a market reference point, subject to the property’s final renovation quality and condition.
Access:Lock box. Call for code.
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