💎 SUB2 OFF MARKET DEAL IN VA BEACH 💎

Virginia Beach, VA, 23455
Sold
Listed at: October 20th, 2023
Price
$425,000
ARV
$690,000
Gross Margin
$265,000
Sq. Footage
3200
Type
Single-Family
Parking
Attached Garage
Year build
1956
Lot size
acres
Bedrooms
5
Bathrooms
4
Half Bathrooms
0
Summary

VA BEACH SINGLE FAMILY RESIDENTIAL

(LAKEVIEW PARK SUBDIVISION)

5 bedrooms, 4 bath, approx 3,200 sqft Built in 1956 with 2 CAR ATTACHED GARAGE (Could add more bedrooms if needed)

REPAIR COSTS ESTIMATED - 100k+

ASKING - 425k

ARV – 690k


SUB2 TERMS:

LOAN BALANCE: 326k

Monthly payment - $2,100

Interest Rate - 3.625

Entry Fee Estimated - 100k (includes payments in the rears, judgements/liens, assignment fee, settlement fees for seller)


COMPS:  

5009 Young Street, Virginia Beach - SOLD 687K (500 SQFT SMALLER)

5229 Winding Bank Road, Virginia Beach SOLD 665K (NO INGROUND POOL)



Other Positive Items:

WATER HEATER & WINDOWS ARE IN GOOD CONDITION. SITTING ON 1 ACRE LOT. JACUZZI INCLUDED IN SALE. HAS PLENTY OF SPACE TO ADD MORE BEDROOMS IF NEEDED. 2 SEPARATE LIVING ROOMS.



For a quick response, call or text BRANDON for any details on this 

DEAL! 

757-215-5266

Click the WIN IT NOW! button to lock this one up and avoid bidding wars 

 

 

FIRST COME FIRST SERVE!!!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

John Michael

★★★★★
★★★★★
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