Crazy Awesome Investment in Coupeville!

Island County, Coupeville, WA, 98239
Sold
Listed at: June 15th, 2021
Price
$454,997
ARV
$950,000
Gross Margin
$495,003
Sq. Footage
2187
Type
Attached
Parking
Assigned
Year build
1981
Lot size
0.66 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Opportunity awaits! Stunning views of Saratoga Passage and Mt. Baker make this home a must-see. The 60+/- ft of waterfront and over 2100 square feet of living space make for an ideal getaway. 3 beds 2 baths Built 1981 lot 0.66 acres. The main floor features a semi-open plan with a sunken living room. A little TLC will go a long way in revitalizing this diamond in the rough.


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Rehab Estimate: $50,000 - $60,000

ROI: 67.01%

Gross Margin: 40.12%

Cash on Cash: 464.39%

Profit Analysis: $400,000 - $500,000

Closing date: July 12th or sooner

**IF YOU WANT THIS DEAL, SUBMIT YOUR PRELIMINARY OFFER BY CLICKING THE BLUE BUTTON "Make An Offer". This notifies us you are serious and ready to move forward.** DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract is signed with the Seller giving our company exclusive rights to purchase the property. Our company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action against you. Our company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Viktor Rybachuk

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Disposition manager