$44,000 · TOPEKA, KS 66604
Works for flippers

Sold

$44,000Asking price

3 bd · 1 ba · 1,097 sq ft · built 1956

TOPEKA, KS 66604

No contract on file

via InvestorLift Classic

Listed Oct 21

Works for flippers

The Numbers

Sells for (ARV)From the listing: $130,000
Asking price: −$44,000
RepairsMiddle of the seller’s $50,000 – $60,000. Ours: $30,000 – $54,000: −$55,000
Loan, holding, closing20% down, 12% interest, 2 points, 82 days: −$6,873
Profit18.6% of ARV · flippers want 10%+: $24,127
Works

Works for a flipper up to $54,000.

HOMESTEAD VESTED

Eddie

No reviews yet

Comps

ARV $130,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $86,000.

The sales behind this value are shown to members.

ARV $130,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

HOMESTEAD VESTED

Eddie

No reviews yet

Seller Description

Call/Text Eddie at 720-728-0909 to schedule a showing***

Off-Market Flip – Topeka, KS

3 bed, 1 bath home with 1,097 sqft. The roof is approximately 10 years old. Currently boarded up, the property needs cosmetic repairs and some mechanical updating. No known structural issues.

Two exit strategies:

Full fix-and-flip: Estimated ARV of $130K.
Light lipstick renovation: Potential resale of $80K–$90K.

A flexible opportunity for investors looking to tailor their renovation budget and exit strategy.

Updated Comps:

1113 SW Hampton St, Topeka, KS 66604 – Sold for $134K. Smaller home and lot, completely updated.
2031 SW Buchanan St, Topeka, KS 66604 – Sold for $129K. Smaller home in fixer-upper condition.

AS-IS Comps:

1610 SW Central Park Ave, Topeka, KS 66604 – Sold for $90K. Fixer-upper condition.
1620 SW Clay St, Topeka, KS 66604 – Sold for $85K. Fixer-upper condition.

Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!

***Call/Text Eddie at 720-728-0909 to schedule a showing***