πŸ†˜ SUBJECT 2 DEAL πŸ†˜πŸšπŸ›  SINGLE FAMILY IN FORT MADISON IOWA πŸšπŸ›  ACT NOW ❗️

Fort Madison, IA, 52627 view full address
For Sale
Listed at: October 16th, 2024
Price
$97,000
ARV
$160,000
Gross Margin
$63,000
Sq. Footage
2287
Type
Single-Family
Parking
Garage
Year build
1908
Lot size
0.24 acres
Bedrooms
5
Bathrooms
2
Half Bathrooms
0
Summary

For a quick response, email or text Gabe or Darion for any details on this πŸ”₯ DEAL! βœ…

πŸ“§ offer@omegaassets.net πŸ“§

Click the WIN IT NOW! button to lock this one up and avoid bidding wars πŸ’―

➑️FIRST COME FIRST SERVEβœ…

 

PROPERTY DETAILS:

 

Single Family Home

5 bed / 2 bath 

2,287 sqft

1908 Build

 

πŸ’Έ Purchase Price: $97,000 πŸ’Έ

πŸ’Έ Entry fee: $20,000 + Closing CostsπŸ’Έ

πŸ’Έ PITI: $744.14πŸ’Έ

πŸ’Έ Interest Rate on Mortgage: 3% πŸ’Έ

 

 

After Repair Value: $160,000

Estimated Repairs: $30,000-$40,000

Repairs needed: Flooring upstairs/downstairs, paint, minor updating in bathroom + kitchen, and minor finishes throughout the property

Roof Age is unknown but in good condition with no leaks

Has existing HVAC on first floor and window units on the second floor

 

Occupancy:

Currently tenant occupied paying $ 500/mo. Lease ends Oct 31 and will vacate the property

Potential Rent for 5 Bedroom $1,200 - $1,500

Omega Assets, LLC. is not an appraiser or a general contractor and does not claim to be one. Buyer is responsible for conducting their own independent due diligence. All properties are sold "as is," "where is," with no warranties or representations expressed or implied. Omega Assets, LLC. is a real estate investment firm and does not claim to be licensed real estate agents or brokers.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Darion Morales

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