🔥🛠LAST CHANCE Fixer-Upper 🚀 3/1 in Decatur, IL 🚨🧰

Macon County, Decatur, IL, 62521
Sold
Listed at: September 9th, 2024
Price
$14,900
ARV
$55,000
Gross Margin
$40,100
Sq. Footage
1120
Type
Single-Family
Parking
Unassigned
Year build
1890
Lot size
0.14 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

🔥🛠 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:

  1. 1434 E Hickory St | 3 bed, 1 bath, 1,126 sqft | Sold for $35K on 03/07/24 ($31/sqft)

  2.  325 E Maywood Ct | 3 bed, 1 bath, 983 sqft | Sold for $84K on 05/29/24 ($85/sqft)

  3. 430 E Keller Ln | 3 bed, 1 bath, 1,038 sqft | Sold for $72K on 04/17/24 ($69/sqft)

  4. 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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Become a Private Lender with us and Earn Double Digit Returns!

🔹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.

DISCLAIMER: You are strictly prohibited from contacting any seller or otherwise, using any information provided to you, unless you have the express written consent of Stewart Marketing, LLC, dba House Dealer USA. Any property information received by you is proprietary information belonging to Stewart Marketing, LLC, and its affiliates. Any transaction consummated by you will be pursuant to an assignment of our Contract or Purchase Agreement. Any unauthorized contact will be considered intentional interference with a Contract and may result in legal action being taken against you. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is and we make no warranties of any kind. Buyer must complete all due diligence BEFORE submitting an offer and executing any contract. All properties require cash, private, or hard money. Buyer pays all closing costs and price is based on expeditious closings, projected at 7-14 days or less. Determining value is the buyer’s responsibility and any reference to the value of the property by us is just an opinion of value. If you are a realtor, feel free to add your fee on top of our price or call us to discuss how you can get paid! Also, one or more of our team members are licensed with OREC to sell real estate. However, we typically do not represent clients to list their homes and no realtor fees are involved on these deals. Also, this deal may or may not be an Assignment of Contract, as it may be a property that we either own or have a Power of Attorney and/or Attorney In Fact agreement, signed by our client.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Ashley Seay

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Disposition manager