$29,000 · ROANOKE, VA 24013
Works for flippers · Works for landlords

Available

$29,000Asking price

5 bd · 2 ba · 1,645 sq ft · built 1901

ROANOKE, VA 24013

Contract on file

via InvestorLift Classic

8 views · listed 5 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $160,000
Asking price: −$29,000
RepairsMiddle of the seller’s $70,000 – $80,000. Ours: $41,500 – $75,000: −$75,000
Loan, holding, closing20% down, 12% interest, 2 points, 90 days: −$6,820
Profit30.7% of ARV · flippers want 10%+: $49,180
Works

Works for a flipper up to $60,000.

LEPINSKI PROPERTY GROUP

Nicholas Lepinski

No reviews yet

Comps

Sales

Rents

ARV $160,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $97,000.

The sales behind this value are shown to members.

ARV $160,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

LEPINSKI PROPERTY GROUP

Nicholas Lepinski

No reviews yet

Seller Description

INVESTOR SPECIAL! MAJOR FIX & FLIP OPPORTUNITY IN ROANOKE, VA!

CALLING ALL INVESTORS, FLIPPERS & REHAB SPECIALISTS! Here is your chance to scoop up an exciting investment opportunity in Roanoke!

This property is a MAJOR REHAB PROJECT with serious potential for the right investor! Bring your contractor, your vision, and your creativity to transform this property into a beautiful home.

POTENTIAL ARV OF $150,000–$160,000+! Based on comparable renovated properties in the area featuring 4–5 bedrooms and similar square footage, the after-repair value could reach upwards of $150K–$160K!

This property will require substantial renovations, making it an ideal opportunity for experienced investors looking for their next fix-and-flip project.

Whether you're an experienced flipper or an investor looking to add value through renovations, this property offers exciting upside potential!

INVESTORS, DON'T MISS OUT! Bring your offers and take advantage of this opportunity!

Property sold as-is. Buyer to perform their own due diligence and independently verify comparable sales, square footage, renovation costs, and potential ARV.