NICELY REHABBED 2/1 ON WEST SIDE WITH A
SPACIOUS CORNER LOT RIGHT NEXT DOOR
Purchase Price: $85K
Cosmetic Rehab: $20K
ARV: $160K
Property was rehabbed 2 years ago. It has 3x the lot size of everything around it! Currently has tenants paying $600/month. Tenants are aware property is being sold. Buyer must assume current tenants!
Property can fit multiple strategies - flip, rental, owner finance!
Property Info:
Sq.Ft: 782 sq ft
2 bed/1 bath
Lot Size (total): .13
Condition/ Rehab:
- Updated just 2 years ago! Super clean
- Mini split HVAC system
- Newer kitchen, bathrooms, roof!!!
COMPS
Comp #1 - slightly bigger lot, only 100 sq ft bigger than subject property, renovated 2/1 - Sold for $169k just 4 months ago!
Comp #2 - 100 sqft bigger and includes an extra bathroom, BUT 1/3 the lot size - sold for $147k!
Comp #3 - isn't fully renovated AND is almost 100 sq ft SMALLER than subject property - sold for $132K!
**Picture and Video link:
https://www.dropbox.com/scl/fo/p8ctqqmoxmfdgl79ha5cn/h?rlkey=22qopm2o9uid6b58ticevhqp1&dl=0
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Bathrooms | |
Sq. footage |