As a flip, comps are pushing $200k, or keep it as a rental at this price.

Roanoke, VA, 24017
Sold
Listed at: March 9th, 2022
Price
$60,000
ARV
$175,000
Gross Margin
$115,000
Sq. Footage
1470
Type
Single-Family
Parking
Detached Garage
Year build
1930
Lot size
0.55 acres
Bedrooms
6
Bathrooms
2
Half Bathrooms
0
Summary

This house is solid but it needs some serious work inside and out. The great thing is the size of the house inside is much larger than it appears from the outside with 6 bedrooms and 2 bathrooms. ARV is pushing $200k if you play your cards right.


You have options here to change things up to make it a desirable flip sitting on a dead end street with more than half an acre. There is a great comp one street over that sold for $165k in August that was MUCH smaller and a well done remodel.


Or clean it up and get it rentable for a longterm play. A house this large should bring top rental rates.

Journey Home Buyers, LLC (JHB) either: a) holds equitable interest with closing scheduled on or before agreed closing date with end Buyer; b) holds title in JHB name. No JV'ing or marketing this deal without ratified agreement with JHB. Do Not Disturb Tenants. It is unlawful to trespass on private property. If you would like to schedule an evaluation contact JHB. "Win It Now" pricing expires once the property is scheduled for showing(s). Buying at Win It Now price requires sight unseen purchase and EMD within timeframe as noted in agreement. Buyer beware, JHB strives to represent all information accurately, but it is not guaranteed. Buyer's due diligence is recommended to verify all information pertinent to your buying criteria. JHB strives to provide all buyers an equal opportunity to see properties, however we reserve the right to accept an offer at our discretion.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Doug Price

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Disposition manager