Are you a seasoned investor on the hunt for your next lucrative project? Look no further than this charming single-family home located at 701 Hunt St, Paris, IL 61944. This property is the perfect canvas for a fix and flip, with a potential After Repair Value (ARV) of up to $80,000 in the thriving Paris real estate market.
Property Details:
- 2 bedrooms 🛏️
- 1 bathroom 🛁
- 1,029 sqft of living space 🏡
- A spacious 0.225-acre lot 🌳
- One-story layout for easy renovation 🏡
- Sturdy pier and beam foundation 🛠️
- Connected to city water and sewer 🚿
- Detached 2-car garage for added convenience 🚗🚗
- Roof with composition shingles, only 10 years old and leak-free ☔
Updates Made:
A brand new water heater was thoughtfully installed just 6 months ago, ensuring reliable hot water for future occupants. 🔥
Updates Needed:
While this property holds immense potential, there are some areas that require attention:
- Some window sills have sustained damage from pets and need repair. 🐕
- The kitchen and bathroom floors are in need of replacement to give the home a fresh, modern look. 🏠
- A few walls will need to be redone to create a polished finish. 🖌️
- The Morning Glow Heater, a gas heater, requires repair to ensure comfortable, efficient heating. 🌡️
Investor's Delight:
This property offers an incredible opportunity for those looking to make a wise investment. Paris, IL, is an area with great potential and plenty of local hotspots to entice future buyers. You'll find charming shops, cozy cafes, and family-friendly parks, making it an attractive place to live.
Local Hotspots:
- Downtown Paris: Enjoy the historic charm and unique shops in the heart of Paris. 🏛️
- The Crooked Willow: A cozy coffee shop and gathering spot for the community. ☕
- Edgar County Fairgrounds: Host to numerous events and activities throughout the year. 🎪
- Twin Lakes Park: Perfect for outdoor enthusiasts, offering boating, fishing, and scenic walks. 🚣♂️🎣🌲
With a low purchase price and the potential to unlock an ARV of up to $80,000, this property at هs a diamond in the rough. Seasoned investors will appreciate the opportunity to transform this house into a profitable venture. Don't miss out on this fantastic fixer-upper; seize the chance to turn it into a gem in the Paris real estate market! Contact us today to schedule a viewing and get started on your next investment journey. 🤑🏡🛠️
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