Incredible 24%+ Quick Flip in Longview with a Beautiful Separate Apartment! Very Convenient Location!

Cowlitz County, Longview, WA, 98632
Sold
Listed at: January 24th, 2022
Price
$349,997
ARV
$601,400
Gross Margin
$251,403
Sq. Footage
3194
Type
Single-Family
Parking
Garage
Year build
1943
Lot size
0.42 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Excellent flip on a 3,194 sqft house in Longview, with 0.42 acres lot, a 2-car attached garage, and a separate beautiful apartment right above the garage! Location is very convenient! Very close to Walmart Supercenter & Pharmacy, Domino's Pizza, and McDonald's. Mint Valley, Mint Valley Golf Course, Mint Valley Elementary School, various stores, dining & restaurants, cafes, and supermarkets are within 1.5 miles.


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Rehab Estimate: $75,000

Appreciation ARV: $601,400 ($565,000 before Holding Appreciation)

ROI: 24.14%

Cash on Cash: 160.01%

Profit Analysis: $108,714

Closing Date: Feb 5th or sooner


Rehab Details: Interior paint touchups, minor bathroom and kitchen updates, fixtures, cosmetic remodel, plumbing, and electrical. Additional bathroom in the separate apartment.


All of the properties we send out are typically sold very quickly, so if you don't want to miss this deal, please email or text your offer ASAP!

**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