Renovations are currently underway, so the price is subject to increase as improvements are made and value is added to the property. Property Overview:Type: Single Family Home 1584 Sq Ft4 bed 2 BathBuilt in 196...
Renovations are currently underway, so the price is subject to increase as improvements are made and value is added to the property.
Property Overview:
Type: Single Family Home
1584 Sq Ft
4 bed 2 Bath
Built in 1960
If you're looking for an easy rehab project, look no further! This house requires minimal work to get it rental-ready or market-ready for a resale, making it a great opportunity to increase value and earn a strong return on investment.
For a rental rehab, you could get it done with a $15,000 budget. With rental rates in the area reaching up to $2,000/month for similar layouts, this property could become a lucrative income source.
If you're aiming for a flip, you're looking at $50,000+ in potential profit—especially with a comparable home just a few doors down selling for $187/SqFt!
Recent updates include new siding, windows and water heater. There are no electrical or plumbing issues, and the foundation is solid. Some minor exterior cosmetics, and the gutters may need replacement. Interior updates needed are mainly cosmetic; the kitchen cabinets and granite countertop are in decent shape. Flooring has been replaced in some areas but requires attention in a few spots.
Rental Repairs Needed:
Replace Hall bath tub
Paint
Flooring
Misc punch list items
(additional) Flip Repairs:
Consider pouring a new driveway
Update both bathrooms
Add kitchen backsplash
New applainces
Redo front and back decks
Call Ernesto Today at 423-508-4824 to view!
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
Driveway
Built in
1960
Lot size
0.23 acres
Price$165,000
ARV
$275,000
Gross margin
$110,000
Deals nearby
$39,000
(ARV -
$350,000)
0 Beds
0 Baths
0 sq.ft
$135,000
(ARV -
$245,000)
2 Beds
2 Baths
1480 sq.ft
$80,000
(ARV -
$250,000)
4 Beds
2 Baths
1326 sq.ft
$32,000
(ARV -
)
0 Beds
0 Baths
0 sq.ft
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