3/1.5 SouthSide Flats shell that is as ready-to-rehab as you can get.
Est. 12% cap as rental or 100k profit on flip/resale after rebuilding the rooms. Lots of brand new major stuff + lots of drywall supplies on site and architectural plans/blueprints for finishing-off the work is available.
Brand new:
- Electric
- Furnace
- Hot water tank
- Plumbing
Larkins Way is the street between Sarah & Jane Streets in the Flats.
The new builds on the block have sales price average of $427,500.
Remodeled similarly aged properties average around $300k.
- Fewer than 2 blocks from Carson Street
- WalkScore of 92/100
- Has a breezeway + nice deck
- Multiple university campuses & public trans. of all types pretty much right outside the door
- Taxes: $1,200
- Electric: Newly rewired
- Plumbing: New
- Kitchen: Needs one
- Bath: Needs both
- Roof: 15 yrs old
- Furnace: NEW
- Hot Water Tank: NEW
- Windows: Double-paned; older
- Floors: 2
- Parking: On-street
- Rental Potential: $1,875/mo