🏚️ Fix & Flip in Placerville CA
Profit over 230k!!!🏡
**Attention Real Estate Investors**
Opportunity knocks in the heart of Placerville, perfect for investors or those looking to roll up their sleeves and restore this hidden gem, this property is brimming with potential. The large floor plan offers ample space to reimagine and modernize, with each room providing a canvas for your creative vision. The sizable lot allows for expansion, landscaping, or outdoor entertaining areas. Located close to local amenities, shopping, and scenic routes, this home offers convenience and charm. Don't miss out on this rare opportunity to invest in Placerville's future. Property is being sold as-is. Bring your tools and imagination!
ASKING PRICE: $240K
ARV: $525K+
🛠 Fix/Flip Opportunity
(Purchase Price) $240K + (Rehab) $55k = $295K (Total Investment)
(ARV) $525k - (Total Investment) $295k = (Gross Profit) Over $230k or $220k after closings
ARV Comps:
1866 Point View Dr Placerville CA 95667- SOLD $450,000
(ONLY 17 DOM)
3130 Airport Rd. Placerville CA 95667- SOLD $500,000
(ONLY 25 DOM)
3400 Texas Hill Rd. Placerville CA 95667 - SOLD $ 725,000
(ONLY 34 DOM)
Property Overview:
🛏 3 Bedrooms
🛁 1 Bathroom
📏 1,088 liveable sqft of potential!
📅 Built in 1947
🏡 NEW ROOF
Additional Insight:
🚀 Area: Hot Area for Flips or profitbale Rentals
🕒 History: Long-term Rental Tenants
🚧 Attention Required: FULL REHAB
🔄 Vacancy:Vacant Upon closing
**Buyer must do due diligence on property prior to submitting offers.
CALL CHRIS TO SCHEDULE SHOWINGS
214-286-6940
TENTATIVE CLOSE DATE: 09/27/24
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