This 3-bed, 1-bath property represents an exceptional investment opportunity, combining an ultra-low purchase price of $22,000 with a $100,000 After Repair Value (ARV). Although the main floor footprint is 1,104 square feet, the inclusion of a basement and attic expands the total space to approximately 2,100 square feet, offering substantial layout and configuration flexibility. This massive $78,000 equity spread provides a robust safety buffer for renovation and holding costs, making it a prime candidate for a profitable fix-and-flip or BRRRR strategy.
This property can rent out for $1000/month and the rent increases if this property is used for Section 8.
Cash buyers preferred with a quick close.
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $96,000
Seller’s own value
The seller’s 5 picked sales support $67,000, which is $29,000 less.