Great Flip Property in Freeport with a Huge Spread!

Nassau County, Freeport, NY, 11520
Sold
Listed at: August 5th, 2022
Price
$359,000
ARV
$600,000
Gross Margin
$241,000
Sq. Footage
1676
Type
Detached
Parking
Garage
Year build
1903
Lot size
8100.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Great Opportunity in Freeport! Classic Victorian Colonial, needs work, but has tons of charm and gravitas. Four Bedrooms plus large Basement and a large Attic on a large Lot. This house will sell fast! THIS IS A SHORT SALE! BUYER MUST Buy the Interests in the new LLC that is approved by the lender and order their own Tax ID Number. If your attorney doesn't understand this, DO NOT PLACE AN OFFER! You Must be able to close quickly and use my title report, If you can't do that, DO NOT PLACE AN OFFER! Total Taxes are $14,051 including $4,380 in Village Taxes!

LEGAL NOTICE We have a legally binding contract with our Seller. Trying to go around us and direct to our seller is illegal and considered Tortious Interference of a Contract. Doing so will result in legal action. Please do not submit an offer if you are not serious about purchasing the property. (We will not work with you in the future if this is the case) We prefer a buyer who is willing to pay cash. Priority may be given to those who place early offers. Prior to scheduling a showing, we need to see proof of funds or a hard money commitment. You must do your own due diligence. Run your numbers & make sure the property makes sense for you. These are wholesale deals that's why they read "in contract" If you are a real estate agent or have cash buyers, your fee will come from your client. Showings: We will get the door open one day/one time - all interested investors get inside and then we go to highest and best - all offersrequired within 24 hours after the showing. NO PRIVATE SHOWINGS. Earnest Money Deposit: An EMD of 5% must be wired to the Attorney as soon as the Assignment Contract is signed. REMINDER: Earnest Money is non-refundable (unless the seller cannot produce a clean market title). Do not offer if you do not have every intention of closing on the property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Michael Pinter

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