Newer construction (2011 build) on a spacious corner lot (10,040 sqft) — this 2 bed, 2 bath single-family home offers a great opportunity for investors looking for a strong ROI in a stable south suburban market.The...
Newer construction (2011 build) on a spacious corner lot (10,040 sqft) — this 2 bed, 2 bath single-family home offers a great opportunity for investors looking for a strong ROI in a stable south suburban market.
The property is vacant and ready for your crew. It will need foundation repairs and cosmetic interior updates to bring to full potential. Rehab is estimated at ~$40K, depending on finish level.
Property Overview:
Type: Single-Family Home
Beds/Baths: 2 Bed / 2 Bath
Square Footage: 1,306 sqft
Lot Size: 10,040 sqft (Corner Lot)
Year Built: 2011
Occupancy: Vacant
Condition: Needs rehab (foundation + cosmetic)
Property Highlights:
Great layout and lot size for long-term value
Large corner lot with plenty of curb appeal
Newer construction = fewer surprises in systems
Solid resale comps with strong ARV potential
Perfect flip or BRRR opportunity
ARV – Estimated $155K+ Based on Comps:
339 W 16th Pl – Sold for $166K
1518 Hanover St – Sold for $150K
86 W 24th St – Sold for $168K
Financials:
ARV: $155,000+
Asking Price: $76,000
Buy It Now Price: $88,000
Estimated Rehab: $40,000
Spread: ~$80K+ depending on exit strategy
Terms:
Cash or Hard Money
Non-Refundable Deposit: $5,000
Buyer Pays All Closing Costs
Property Sold As-Is
No Option Period
Agents/Wholesalers: Add your fee on top
Ready to Lock This In?
Submit an inquiry! Won’t last long. First Come, First Serve – Serious Buyers 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. 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.
Additional details
Type
Single-Family
Parking
Detached Garage
Built in
2011
Lot size
0.231 acres
Price$76,000
ARV
$155,000
Gross margin
$79,000
Deals nearby
$38,000
(ARV -
$175,000)
3 Beds
1 Baths
1241 sq.ft
$124,000
(ARV -
$185,000)
3 Beds
1 Baths
1131 sq.ft
$75,000
(ARV -
$150,000)
2 Beds
1 Baths
798 sq.ft
$430,000
(ARV -
$575,000)
4 Beds
3 Baths
3599 sq.ft
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