Excellent 25%+ Flip in Port Angeles (Very Close to Port Angeles Harbor)

Clallam County, Port Angeles, WA, 98363
Sold
Listed at: December 8th, 2021
Price
$224,997
ARV
$380,100
Gross Margin
$155,103
Sq. Footage
832
Type
Single-Family
Parking
Driveway
Year build
1924
Lot size
7004.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Great flip on a single-family home 832 sqft including a 162 sqft storage shed. Lots of improvements have already been made, the back laundry room was redone with new insulation, windows are newer double-paned, the bathroom has new floors and new fixtures, new appliances, new back deck, and fenced yard, new cedar shake siding, the foundation was redone by jacking it up on pillars. Very close to Port Angeles Harbor, Waterfront Trail, Olympic Discovery Trail, Lincoln High School, Tumwater Creek, and several restaurants. Hamilton Elementary School, recreational parks & fields, supermarkets, and stores are within 2.5 miles.


CLICK HERE FOR PHOTOS


Rehab Estimate: $40,000

Appreciation ARV: $380,100 ($340,000 before Holding Appreciation)

ROI: 25.07%

Cash ROI: 161.26%

Profit Analysis: $70,000

Closing date: December 15th or sooner.


Rehab Details: Interior & Exterior paint, cosmetic remodel, plumbing, and electrical.


No viewings are allowed until we sign around the assignment agreement.


**IF YOU WANT THIS DEAL, SUBMIT YOUR PRELIMINARY OFFER BY CLICKING THE BLUE BUTTON "Make An Offer". This notifies us you are serious and ready to move forward.** DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract is signed with the Seller giving our company exclusive rights to purchase the property. Our company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action against you. Our company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Viktor Rybachuk

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Disposition manager