Hot cosmetic full-brick flip in the emerging city of Florence. At 1256 sqft, subject property is one of the bigger homes in the neighborhood. With a few upgrades, this house has potential to be the stand-out house in the area. It also has a large shed in the back & this house is being sold with the buildable, vacant .17 acre lot next to it.
A house 200sqft smaller on the same street sold for $132,000.
You also have the option to rent this out for $1200/mo.
An investor bought a small 2/1 nearby for $60,000 to rent it out.
Please reach out if you have any questions!
Asking Price: $59,000
Buy It Now Price: $65,000
Occupancy & Access: Vacant on lockbox. Contact me for code
Contact Me:
Michael@divesticventures.com | (770)-226-5512
1) Basic:
Bed/Bath: 3/2
SQFT: 1256
Year Built: 1946
Lot Size: .3 acre
Parking: Driveway
2) Numbers:
Asking Price: $59,000
Buy Now Price: $65,000
Market Rent: $1100/mo
ARV: $155,000
Rehab Notes:
Roof: 12 years
3) Comps:
3/2/1036sqft
$132,000 | March 2023
2/2/1000sqft/1940YB
$129,900 | Aug 2023
2/1/1000sqft/1960YB
$60,000 | Aug 2023 (Sold to Investor)
TERMS:
Close with our preferred attorney. Buyer pays all closing costs. Deal not final until EMD is received. All Inspections to be done prior to binding contract. Cash/Hard Money only.
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. Any attempts to renegotiate or make contact with the owner will result in legal action.
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