Summary
FLIPPERS ONLY: 1/1 IN MARGATE
990 Sq Ft condo located in a quiet neighborhood in the heart of Margate, needs full renovation on the cosmetic side, but the work can be done fairly quickly as it's a small unit located on the ground floor. The water heater is 4 years old.
Asking price: $69,000
ARV: $115,000 - $120,000
Rent: $1,550
Showings: Scheduled
Restrictions: No renting for the first 3 years
Reserves: No reserves this year
Fees: $866 quarterly
Requirements for HOA approval: Background check, credit score 675, minimum income of $35,000.
Hard money loan available for this deal.
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.
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Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold