Property Address: Charleston, WV
Details:

• 3 beds, 2 baths
• 1,442 sqft
• ARV (After Repair Value): $165,000
• Asking Price: $35,000
• Rehab Estimate: $57,680 ($40 per sqft)
• Investment Type: Fix and Flip, Rental Opportunity

🚧 Property Overview:

• This 3-bedroom, 2-bathroom home spans 1,442 sqft and is in need of a medium to major rehab, giving investors a chance to significantly add value.
• With the right updates, this property can be transformed into a top performer for either a fix and flip or long-term rental.

💰 Investment Potential:
At an asking price of $35,000 and an ARV of $165,000, this deal offers a great profit margin for investors willing to take on some renovation work. The comps in the area support a strong return on investment, whether you decide to flip or rent it out for consistent cash flow.

Comparable Sales:

Here are recent comparable sales that show the strong market potential:

1. 507 Swarthmore Ave, Charleston, WV 25302

   • 3 beds, 2 baths, 1,452 sqft
   • Sold for $224,000

2. 1423 Summit Ln, Charleston, WV 25302

   • 3 beds, 2 baths, 1,600 sqft
   • Sold for $184,000

3. 118 Swarthmore Ave, Charleston, WV 25302

   • 3 beds, 2 baths, 1,680 sqft
   • Sold for $168,000

4. 943 Somerset Dr, Charleston, WV 25302

   • 3 beds, 1 bath, 1,826 sqft
   • Sold for $163,000

Why This Deal Makes Sense:

• Great Buy Price: At an asking price of just $35,000, you’re purchasing the property significantly below market value.
• Strong ARV: With comparable properties selling for as high as $224,000, the ARV of $165,000 is well within a conservative estimate.
• Profit Potential: After an estimated $57,680 in rehab, there’s a $72,320 profit margin, making this a lucrative flip opportunity.
• Rent Potential: With 3 beds and 2 baths, this property could also be an excellent addition to a rental portfolio.

PLEASE CONTACT 845-238-4717 FOR MORE INFORMATION