Don't miss this remarkable opportunity: a beautiful tudor residence built in 1929, offering 3 bedrooms, 2 full bathrooms, and a generous layout spanning 2013 square feet. With solid bones and a gorgeous solid brick exterior, this property just needs a little love inside to make it shine. Bathrooms needs a refresh and remodel, but rest of home can receive cosmetic upgrades like floor and paint, or a more extensive rehab for maximum ARV. The thriving rental market in the area supports monthly rates of $2100-$2300.

Financials

Rental rates in area: $2200/month

Starting Price: $165k

Buy Now Price: $175k

ARV: $270k

Gross Margin: $105k

Low ARV Price Range: $260k

High ARV Price Range: $280k

Property Information

3 bed / 2 full bath

2013 square footage ( 1300↑ and 713↓)

Built in 1929

Make sure you catch sight of this incredible chance: an exquisite Tudor home, featuring 3 bedrooms, 2 full bathrooms, and a spacious design that covers 2013 square feet. Sporting a sturdy structure and a stunning brick exterior, this property only requires some attention on the inside to reveal its brilliance. While the bathrooms could use a refresh and renovation, the rest of the house can benefit from cosmetic enhancements such as new flooring and paint, or even undergo a more extensive renovation for a higher potential ARV. The vibrant rental market in this area easily sustains monthly rates ranging from $2100 to $2300.

Comps In Area Within Last 9 Months

1922 S 23rd Ave, 5/3 1800 sqft $330k on 11/27/2023

1911 S 23rd Ave, 4/2 1800 sqft $280k on 07/12/2023

1904 S 22nd Ave, 4/2 1541 sqft $275k on 07/17/2023

We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will result in a lawsuit. Our attorney is on notice.

Simply Sell RE LLC assumes no liability for the accuracy of any estimates or information provided. End buyers must conduct own due diligence. The property is to be sold as-is. Proof of funds is required. Cash or hard money only. End buyer pays all closing costs and fees associated with this transaction. $10,000 Non-Refundable EMD needed to secure the contract.