🚀 $100K Plus Profit In This Redmond Fix & Flip 🤑

We have an assignable contract available to purchase.

Go to foursquaredeals.net to see our other deals/inventory.  You can also view our sold deals for reference.

Attention real estate investors! Excellent Education Hill location.  Quite neighborhood, walk to towntown Redmond, close to 520 freeway, light rail,  shops and restaurants.  Located in the award winning Lake Washington School District. Come flip this tri-level home with great profit potential.

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ASKING PRICE: $1,150,000 (Assignmnet included)

ARV: $1,600,000

PREFERRED LENDER LINK

Jason Gray Loans

Perfect For:

🛠️ Fix & Flip

(Purchase Price) $1,150,000 + (Rehab) $150,000 = (Total Investment) $1.3M

(ARV) $1.6M - (Total Investment)  $1.3M = (Gross Profit) $300K

ARV Comps:

16707 NE 101st Pl, Redmond, WA 98052  - Sold $1.695M - 6/26/24

17006 NE 100th Pl, Redmond, WA 98052 - Sold $1.575M - 5/29/24

17104 NE 86th Ct, Redmond, WA 98052 - Sold $1.555M - 6/14/24

👀 Buy with Equity

(Purchase Price) $1,150,000

Cash Comps:

9420 171st Ave NE, Redmond, WA 98052 - Sold $910k - 9/10/23

(400 sqft smaller than subject property)

17103 NE 92nd St, Redmond, WA 98052 - Sold $1.075M - 9/22/23

8240 172nd Ave NE, Redmond, WA 98052 - Sold $1.1M - 10/12/22

🚪Buy and Hold

(Purchase Price) $1,150,000 + (Rental Rehab) $75K = (Total Investment) $1,575,000

(Current Rent Rate)

Rental Comps:

8608 172nd Ave NE, Redmond, WA 98052 - Rent $3,900/mo.

9315 168th Pl NE, Redmond, WA 98052 - Rent $4,500/mo.

Property Overview:

🏡 Tri-level with 2 car garage

🛌 4 Bedrooms

🚽 3 Bathrooms

📏 2,090 sqft.

📆 Built in 1975

Property Details:

🏠 Exterior: Siding (good condition) 

🏡 Roof: Plan on replacing

🪠 Utilities: Good updated in th 90's

💦 Hot Water Heater: Good

🥵 A/C: None

Additional Insights:

🚀 Area: Multiple flip comps

⏱️ History: Probate/estate deal

🚧 Attention Required: Full interior renovation (wall(s) removal) and new roof

⚠️ Vacancy: Property is vacant. Showings by appointment only

PLEASE CALL BRENDAN TO SCHEDULE SHOWINGS

253-318-4610

TENTATIVE CLOSE DATE ON OR BEFORE 10/24/2024

WATCH 👀 THE WALK THROUGH VIDEO BELOW ⬇