Hello! This amazingly located property is walking distance to downtown Fremont

Purchase Price: $550,000

Estimated Renovations: $150,000

ARV: $900,000+

Current Bedrooms: 2

Current Bathrooms: 1

Current Sq ft: Currently 770 upstairs

Proposed Bedrooms: 3

Proposed Bathrooms: 2.5

Proposed Sq ft: 1440 sq. ft. (after basement finished)

EMD: $15,000

550k purchase price, we estimate the as is value north of 600k, we estimate rehab around 150-170k, and comps in the area support 900k or more for resale value. Basement ceilings are a little low, but price has been adjusted to compensate for basement work.

This home has an unfinished basement that when completed will have 1440 finished sq ft.

We propose adding stairs to the basement and converting the home from a 2 bed 1 bath to a 3 bed 2.5 bath with a master suite, den/office, living area, and kitchen upstairs, and 2 beds, a laundry, and a bath downstairs with a second living room.

Ready to buy? Click on the "WIN IT NOW" button if you are ready to proceed with the assignment and have proof of funds.

Jeff Strowbridge

360-661-5093

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This 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.