$15,000 · CHARLESTON, WV 25306
Works for flippers · Works for landlords

Available

$15,000Asking price

3 bd · 1 ba · 1,056 sq ft · built 1956

CHARLESTON, WV 25306

No contract on file

Price Drop

via InvestorLift Classic

7 views · listed Nov 4

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $120,000
Asking price: −$15,000
RepairsMiddle of the seller’s $40,000 – $60,000. Ours: $54,000 – $90,500: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$4,606
Profit42.0% of ARV · flippers want 10%+: $50,394
Works

Works for a flipper up to $50,000.

ONWARD VENTURES RE LLC

Drew Whitman

No reviews yet

Comps

Sales

Rents

ARV $120,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $12,000.

The sales behind this value are shown to members.

ARV $120,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ONWARD VENTURES RE LLC

Drew Whitman

No reviews yet

Seller Description

$15,000 cash or hard money, sold as is. Two ways to play it.

(1) Full-rehab flip or rental: 1956 one-story wood-frame house, 3 bed / 1 bath, 1,056 sq ft (county record), plus a separate concrete-block garage (solid per seller). The house needs everything: the seller believes the copper plumbing and HVAC were stripped; roof, electrical and foundation not inspected. Price in a full gut.

(2) Land play: one platted lot, 0.17 acre (50 x 150), Lot 4 Block Z of the Levi Addition. Clear the house for a new build or a modular/manufactured home. Unincorporated Kanawha County; buyer verifies zoning, setbacks and utilities with the county.

Flood: FEMA Zone X (shaded, 0.2% annual chance), outside the high-risk flood area. Buyer verifies insurance.

Vacant. Walkthroughs by appointment. Close on or before 11/24. Buyer does own due diligence.