💥 Sub2 Fixer in Porterville: Investor Special! Only $40k 🤑 See Pics Here ➡️

Tulare County, Porterville, CA, 93257
Sold
Listed at: September 11th, 2024
Price
$40,000
ARV
$480,000
Gross Margin
$440,000
Sq. Footage
2229
Type
Single-Family
Parking
Attached Garage
Year build
1996
Lot size
0.24 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

Unlock the potential of this investment property—whether you're aiming to flip or add a reliable rental to your portfolio, this opportunity has all the ingredients for a profitable venture.

🔑 Property Highlights:

5 Bedrooms | 2.5 Bathrooms

2,220 Sqft of interior space, ideal for value-enhancing improvements

10,500 Sqft Lot—plenty of room for upgrades or expansions

Built in 1996, with a 15-year-old HVAC and a 28-year-old tile roof in excellent condition

Subject To Details:

PITI: $2,500/month—potential for positive cash flow with minimal work

6.5% interest rate | 25 years remaining on a 30-year fixed mortgage

Entry Fee: $40,000 (plus closing costs)

Total Purchase Price: $361,000

ARV: ~$480,000

💰 Flexible Purchase Options:

Subject To

Cash

Hard Money Loan

🔥 With multiple exit strategies—flip or buy-and-hold—this property presents significant upside for savvy investors. Access by appointment only—don't miss out!

 

📞 Call/Text Sam at 559-202-0312 for more details or to schedule a showing!

DISCLAIMER: This is an assignment of contract. A legally binding purchase contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner/seller will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Samuel Gonzalez

No reviews

Disposition manager