**INVESTMENT POTENTIAL** This property presents an excellent opportunity for investors looking for either a **buy-and-hold rental or a fix-and-flip project!** 🏠 **Rental Strategy:** With four bedrooms in a desirable rental area, this property offers strong potential as a long-term rental. Minimal improvements would be needed to get it rent-ready, including fresh paint, LVP flooring, and a few cosmetic touches. B-Dry system installed to keep basement dry. House has a new sump pump installed due to recent sump pump failure.
🔨 **Fix & Flip Strategy:** For investors looking to renovate and resell, a more extensive cosmetic renovation could position this property to achieve its estimated $240,000 ARV. **THE NUMBERS** - Purchase Price: $165,000 - Estimated Renovation: $15,000–$30,000 - Total Purchase + Rehab: $180,000–$195,000 - Potential Spread to ARV: $45,000–$60,000 before holding, financing, closing, and selling costs 🔥
**Two potential exit strategies, an attractive entry price, and plenty of upside!** 📲 **Message me for additional details, photos, or to schedule a walkthrough.** **Cash or hard money buyers preferred.**
More About This Property
Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $240,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $244,000.