🏡 Quick and Easy Flip in South Hill Puyallup 🏡

Puyallup, WA, 98374
Sold
Listed at: October 16th, 2024
Price
$445,000
ARV
$565,000
Gross Margin
$120,000
Sq. Footage
1802
Type
Single-Family
Parking
Attached Garage
Year build
1974
Lot size
0.33 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
1
Summary

Quick & Easy Flip in Prime Location

This is an extremely light remodel opportunity in an extremely desirable location. This spec of home is highly sought after in South Hill. 

All photos/videos: https://drive.google.com/file/d/1oxttkv9ZPRbcg-U0Lm0Y3uC-p1HVD3oP/view?usp=sharing 
(seller took photos, so they are not the greatest working on getting more)

3 bed 2.5 bath 1,802 sqft + 600 sqft attached 2-car garage. 

Home is already in good shape, and with 15k renovation, has a projected ARV of 565k. 

Purchase Price: $460,000

Property ARV: $565,000

Text Mike @ 360-340-1939 for walkthrough

PROPERTY INFO

  • 3 beds / 2.5 baths / 1,802 sqft
  • Year built: 1974 | Adjusted year built: 1991
  • Condition notes: House is in great shape, if anything it needs some very light updating; carpet and paint
  • ARV: $565,000

TERMS

  • Purchase Price: $460,000
  • Estimated Rehab: $15,000
  • ARV: $565,000
  • Closing Date: 11/14/24 or sooner
  • Buyer pays only buyers closing costs
  • Non-refundable EM due from buyer: $10,000
  • Property is sold in AS-IS condition
  • Property delivered VACANT

STRATEGY

At a 565k ARV, 15k Rehab, 460k purchase price, this flip will net 33,500k in profit. 

Text Mike @ 360-340-1939 for fastest response

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Mike Cooper

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Disposition manager