This property has an enormous amount of potential in the heart of Crestview..Great house is a 3/1.5 that just needs a few repairs.. The roof has had a few leaks so that will be your main expense. This property is not too bad other than that, it will however need some cosmetic repairs, updates, and the back porch needs to be removed (CAUTION: DO NOT GO ON THE BACK PORCH).
The over-sized Garage has had the door removed but can easily be turned back into a garage. The home also boasts a HUGE Corner lot.. With about $30k in renovations this home should sell for around $95,436 based on an average of $66.00 per Sq Ft.. at our price that’s less than $65% of the ARV. There are some higher comps that could potentially bring up the ARV, but they were not used in this scenario.
You can also Get the house next door (706 Lee Ave) that is a Cute brick house, it is a 1/1 450sf concrete block for 14,900 or I’ll make a deal on both…They are almost 1.5 acres on a corner lot…
Great opportunity to add a few units to your rental portfolio for a great entry price!
$28,900 for this one or $42,800 for both
– Submit offer below –