New Investment Opportunity in Hampton VA

Newport News, VA, 23605
Sold
Listed at: July 19th, 2024
Price
$160,000
ARV
$265,000
Gross Margin
$105,000
Sq. Footage
1248
Type
Detached
Parking
Detached Garage
Year build
1965
Lot size
0.14 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary
Welcome to your potential new investment home! Step inside and discover 1,248 square feet of space waiting to be transformed into your personal haven. The renovation potential here is truly exciting - imagine the possibilities as you put your unique stamp on each room. Whether you're a DIY enthusiast or planning to bring in the pros, this house is a canvas for your creative vision. But wait, there's more! This property isn't just a home; it's also a potential income generator. Have you considered the rental income possibilities? In today's market, a well-located property like this could be a savvy investment opportunity. Picture yourself as a landlord, or consider using part of the house for short-term rentals while you occupy the rest - the choices are yours to make. The oversize standalone garage can be converted into living space, creating more potential rental income. Located in a pleasant neighborhood, this house puts you within reach of local amenities and conveniences. It's not just a structure; it's a launching pad for your next chapter in life. Whether you're looking to plant roots or seeking an investment opportunity, this property deserves your attention. Don't let this chance slip away - your future home (or income source) awaits!

Asking Price: 160k

Scope of Work: 40k

ARV: 265k 

COMP 627 Sterling St- 300k

Contact 757-912-2242 for showing information/ Offer.

 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

AF Home Buyers

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