๐$52,500 Profit Summertime Flip Near VSU๐ค
This fixer upper residence offers a perfect blend of comfort, convenience, and style. Situated just 4 miles away from Valdosta State University, it's an ideal choice for faculty, staff, or students seeking proximity to campus while enjoying the comforts of a peaceful neighborhood setting.
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ASKING PRICE: $72,500
ARV: $165K
PREFERRED LENDER LINK
Perfect For:
๐ ๏ธ Fix & Flip ๐ก
(Purchase Price) $72,500 + (Rehab) $40K = (Total Investment) $112,500
(ARV) $165K - (Total Investment) $112,500 = (Gross Profit) $52,500
SOLD COMPS:
400 Colonial Way, Valdosta GA 31601- SOLD $165K (295 SqFt less)
1506 Madison Heights Dr, Valdosta GA 31601-SOLD $88K (Needs Rehab)
FOR SALE COMPS:
2311 Madison Hwy, Valdosta, GA 31601-FOR SALE $250k
Property Overview:
๐ 3 Bedrooms
๐ 1 Bathroom
๐ 1,519 Sqft.
๐ณ0.27 Acres
๐ Built in 1955
Property Details:
๐งฑFoundation: Wood frame on Crawlspace
๐ชWindows: Vinyl Windows
๐ Roof: 15 Year Old
๐จHVAC Unit: Needs New
๐ฆHWH: Unknown
๐ช Plumbing: Unknown
๐กElectrical: Breakers - one of the boxes needs to be replaced
๐Water: Well
๐ฝWaste: Septic
Additional Insights:
๐ง Attention Required:
- Roof is 15 yrs. old - there is a leak in one of the rooms and owner cannot figure out where the leak is coming from.
PLEASE CALL TO SCHEDULE SHOWINGS
919-646 9714
TENTATIVE CLOSE DATE: ON OR BEFORE 08/08/2024
*PROPERTY IS VACANT*
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