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Quick End Unit Condo Flip Opportunity in Bellingham!

Whatcom County, Bellingham, WA, 98225
Sold
Listed at: January 25th, 2022
Price
$201,997
ARV
$287,000
Gross Margin
$85,003
33 pictures, show all
Sq. Footage
970
Type
Condo
Parking
Assigned
Year build
1973
Lot size
acres
Bedrooms
2
Bathrooms
1.5
Half Bathrooms
0
Summary

CASH BUYERS ONLY


This cozy and well-kept 970 sqft end unit condo in the Redwood Garden complex was renovated in 2004. It is situated at the back of the complex and away from the main road for additional privacy. Conveniently, it is close to Alderwood Elementary School and is only a short drive to a park, dog park, creek, and various stores for your needs!


Appreciation ARV: $287,000 ($282,500 Before Holding Appreciation)

ROI: 11.75%

Cash on Cash: 88.87%

Profit Analysis: $28,021

Closing date: March 22, 2022 or sooner


SUGGESTED REHAB: Paint interior, replace carpet, update kitchen and bathrooms.

Rehab Estimate: $28,000


ON-SITE VISIT DAY SCHEDULED: Please reach out to know when it's taking place.


Property is OCCUPIED. Please do not visit without an appointment.


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!


CASH BUYERS ONLY


**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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