๐๏ธ$55k Profit in this Alvin Fix & Flip๐ก
Attention real estate investors: Excellent Location with easy access to I-35, I-6, and Alvin Community College. Located close to many restaurants and shopping centers as well. Very convenient location where everything is within a few minutes of driving.
ASKING PRICE: $145K
ARV: $250K
Perfect For:
๐ Fix/Flip
(Purchase Price) $145K + (Rehab) $50k = (Total Investment) $195k
(ARV) $250k - (Total Investment) $195k = (Gross Profit) $55k or $40k with fees
ARV Comps:
1217 Southbend Drive Alvin, TX 77511- SOLD-$250k
(Lived in Home not a Flip)
1611 Bayou Drive Alvin, TX 77511- SOLD - $235k
(Lived in Home not a Flip)
1206 Cypress Street Alvin, TX 77511 - SOLD $235k
(Simple FLIP)
Property Overview:
๐ 3 Bedrooms
๐ 3 Bathroom
๐ 1320 sqft of potential
๐ Built in 1977
Property Details:
๐งฑExterior: Brick
โจ๐ Roof: Solid with no leaks
๐ช Utilities: Breakers in service panel
๐ฅตNew A/C Unit: Under 5 Years Old
Additional Insights:
๐ Area: Convenient Location Close to all essentials
๐ History: Long Term Owner with 20+ years
๐ง Attention Required: Cosmetic overhaul
๐ Vacancy: Currently tenant occupied will be delivered vacant
PLEASE CALL TO SCHEDULE SHOWINGS
(214)-286-6940
TENTATIVE CLOSE DATE ON OR BEFORE 08/9/2024
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