Cheapest Fixer Upper in Little Rock, Buy $55K ARV:$125K

Little Rock, AR, 72204 view full address
For Sale
Listed at: October 10th, 2024
Price
$55,000
ARV
$125,000
Gross Margin
$70,000
Sq. Footage
1392
Type
Single-Family
Parking
Unassigned
Year build
1930
Lot size
0.12 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

High-End Investment!

🏑 3/2 SFH, Fix Flip Deal!

Private Pool & Waterfront view 

Buy: $55,000
ARV: $125,000



Call or Text Us: 321-384-5006

 

Key Features:

  • 🏑 3 bed, 1 bath
  • 🌳 Lot Size: 5,227 sqft 
  • 🚘 2 fireplace stacks
  • 🏑 Large backyard with space for a carport
  • πŸšͺ Vacant

PRIVATE LENDING

Are you interested in private lending for this deal or any deal? We can help. Call or text us for more information! 

Property Details

This 1930s 3-bedroom, 1-bath home, located in Little Rock, presents an attractive investment opportunity. With 1,392 square feet of living space, the home boasts original cedar upstairs in excellent condition, two fireplace stacks, and a large backyard perfect for adding a carport or outdoor entertaining space. While vacant and in need of foundation leveling and floor repairs, this property has the potential to shine after renovations.

Comps:

4414 W 10th St, Little Rock, AR 72204
Sold on 08/23/24 $145,600

3205 Whitfield St, Little Rock, AR 72204

Sold on 08/14/24  $130,000

1307 S Jackson St, Little Rock, AR 72204
Sold on 08/20/24 $135,000

27 Serenity Dr, Little Rock, AR 72205
Sold on 10/04/24  $130,000


PRIVATE LENDING

Are you interested in private lending for this deal or any deal? We can help. Call or text us for more information!

Pros

  • Affordable price of $55K with an ARV of $125K
  • Spacious backyard with room for a carport
  • Original cedar upstairs adds character
  • Two fireplaces, ideal for charm and appeal

Investment Strategies:

Fix-and-Flip: Renovate the property to bring it up to market standards, addressing foundation leveling, floor repairs, and cosmetic updates. Given the affordable entry price and solid ARV, this strategy could yield a strong return on investment.

Buy-and-Hold: Post-repairs, the property could attract renters with its unique features like the fireplaces and original cedar. Little Rock's rental market could provide steady cash flow.

 

Conclusion:

This is a great opportunity for investors seeking a value-add project. With the right renovations, this 1930s home can achieve its full potential, offering either a profitable flip or long-term rental income. Its unique charm and solid structure make it worth the investment.


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DISCLAIMER:

  • All offers are Cash or Private Lender Only.
  • Deposits for all properties are non-refundable.
  • Properties are sold AS-IS with NO inspection period; Please inspect first.
  • Buyer pays all closing costs for buyer and sellers.
  • Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of Citywide Investments, LLC, actual repair cost, rent, and/or ARV may vary. 
  • Citywide Investments, LLC is not a licensed contractor or appraiser.
  • Taxes, Insurance, and Closing Costs are estimates. Actual cost may vary.
  • Seller has an equitable interest in this property and is advertising the sale of this contract as it is assignable.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Ellen Harmon

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