This property offers an opportunity for investors to renovate and add significant value through an updated layout. The existing property is a 3-bedroom, 2-bathroom home with approximately 1,218 sqft of living space on an 8,515 sqft lot.
The asking price is $145,000, with an estimated ARV of $275,000.
A professional contractor quote estimating approximately $42,000 in renovations is available upon request.
Additional Value-Add Strategy:
A second renovation scope explores reconfiguring the property into a 4-bedroom, 2-bathroom layout. This expanded renovation is quoted at approximately $62,000, with an estimated ARV closer to $280,000.
This layout change could provide additional resale appeal and maximize the property's value. Investors can review both contractor quotes and evaluate which renovation strategy best fits their investment goals.
Property Highlights:
Existing layout: 3 bedrooms, 2 bathroom
Approximately 1,218 sqft
Approximately 8,515 sqft lot
Potential conversion to 4 bedrooms / 2 bathrooms
Proposed master suite addition
Professional contractor quotes available upon request
Multiple renovation strategies to evaluate
Contact Michael:
Phone: 914-504-4059
Terms: Cash or Hard Money only.
More About This Property
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $275,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $208,000.
