🔥🛠 LAST CHANCE Fixer Upper 🚀 3/1 in NE Decatur, IL 🚨🧰
Potential investment strategy:
Perfect Section 8 Rental Area!!
It needs some work, but makes a great rental or CHEAP property for an end buyer. Easy main road access, near many parks and local shops, foundry just across the street- convenient for employees, only 5 miles from Decatur Airport and 2 miles from Millikin University. Will go on MLS quickly, so please don't delay to reach out!
Property details:
🔹3/1 1120sf on a 0.14 ac lot
🔹As-Is Estimate: $30,000
🔹ARV $45,000-60,000
🔹Rent Zestimate $1,217/Rentometer $1K
🔹Access: On lockbox. Call Ashley (405)281-4866 for access.
Condition & Repair Info:
🔹Plumbing: No known issues, hot water tank newer and working.
🔹Electrical: Original, working condition but might need replacing due to age.
🔹HVAC/Furnace: Currently using window units which is common in the area.
🔹Roof Age : Older, needs replaced.
🔹Foundation: Basement, showing signs of possible foundation repair needed.
Comps Used:
1434 E Hickory St | 3 bed, 1 bath, 1,126 sqft | Sold for $35K on 03/07/24 ($31/sqft)
325 E Maywood Ct | 3 bed, 1 bath, 983 sqft | Sold for $84K on 05/29/24 ($85/sqft)
430 E Keller Ln | 3 bed, 1 bath, 1,038 sqft | Sold for $72K on 04/17/24 ($69/sqft)
As-is 1443 N Jasper St | 3 bed, 1 bath, 696 sqft | Sold for $20K on 08/06/24 ($29/sqft)
Ready to buy?
🔹Click on "Make an Offer" or "Win it Now" to avoid the bidding and lock it up now!
🔹Closing at Crown Title $2k EMD required.
Need more info?
Click "Inquire About this Property" on this page, call or text Ashley at (405)281-4866 or email ashleys@homebuyerforcash.com
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🔹Passive Income, Interest Only Payments
🔹7%-10% Annualized Interest Paid
🔹Safe Investment, Backed by Discounted Real Estate
🔹Secured by 1st Position Mortgage & Note
🔹All Funds & Transactions go Through a Title Company
🔹6-12 Months Return of Capital - Minimum of 3 Months, Annualized Interest Paid
Interested in our Next Private Mortgage Investment Opportunity? Email Graylan Stewart at graylan@homebuyerforcash.com to receive more information.
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