Summary
We have a fantastic 4-bed, 2-bath property on a spacious corner lot, featuring a mother-in-law suite, perfect for a full rehab. This property is vacant and ready for immediate renovation!
π‘ Property Details:
- Bedrooms: 4
- Bathrooms: 2
- House Size: 2,006 SQ.FT
- Lot Size: 0.261 Acre / 11,325.6 SQ.FT
- Year Built: 1955
- Occupancy: Vacant (lockbox available)
- Starting Price: $79,500
π Investment Highlights:
- ARV Opinion: $230,000 - $242,000
- Estimated Rehab: $72,000 - $83,000
- Gross Profit: Over $140K!!
- Rent Comps: $1,675 - $1,800/mo
- EMD: $5,000
- Close of Escrow: July 9th, 2024
Rehab Details:
- Full Rehab Needed
- Roof: Shingle, 30 years old; potential damage (inspection recommended)
- HVAC System: Needs new system
- Water Damage: Laundry room
- Back Apt - Foundation concerns
- Fence: Needs repair/replacement
π Features:
- Interior: 4 beds, 2 baths, 2,006 SQ.FT
- Parking: Carport
- Exterior: Large corner lot, mother-in-law suite in the back
Neighborhood:
- No HOA
- Close to Downtown, Bayfront, restaurants, and shopping
- Nearby schools: Berlanda, Baker, Ray (Corpus Christi ISD)
- Right next to the elementary school. Fantastic rental potential.
π‘ Why This Deal?
- Vacant Property: Ready for immediate rehab
- Big Returns: Potential for significant profit with a full rehab
- Prime Location: High rental demand and attractive neighborhood
π Ready to Take Action?
- WIN IT NOW: Click Here to Lock It Up!
- CALL/TEXT: (512) 287-6016
- Property Inquiry: Click for More Info
Not what you’re looking for? Reach out for more inventory or email us at sales@acfbuyshomes.com with your criteria, and we'll find the right property for you.
DISCLAIMER: All properties are sold as-is. $3,000 non-refundable deposit required at contract. Buyer covers all closing costs. Closing is an assignment of our contract with the seller. Complete due diligence before submitting offers.
Documents
Street View
Location
current deal
comparables
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sold
#2
$123k
$99k
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