Brief:
–Avalon rehab
–Northgate S.D.👍 (ref.)
–price 127k
–ARV up to 290k
Repair for nice flip:
- $80k→$95k
House details:
- 3BR/2BA (**was built with 2.5 BA so that might be doable again)
- Parking: 1-car int. garage
- On a nice street in highly desirable neighborhood
The ARV seems to fall between these 2 of similar builds in close proximity at approx. $290k (range $275-298k):
- 815 Semple Ave. – 3/1.5 // 1,677 sqFt // 2-car garage // build year 1960 // lot size ≈1/4-acre // price per sqFt sold: $176 // sold $295k
- 726 Sylvan Ave. – 3/1.5 // 1,135 sqFt // 1-car garage // build year 1940 // lot size ≈4,000 sqFt // price per sqFt sold: $251 // sold $285k
Best quick idea for scenario:
- Can be all-in 205k-220k depending on your level of rehab & grab ≈$60-80k on a rehab → sell
–photos tell its story nicely
–taxes are what they are per being in Avalon, *however* will go down per sales price being less than last assessed price 👌👍
As always, physically assessed/scrutinized; have rehab breakdown & #s available if interested.
Property Features & Updates
- Taxes: $6,415
- Electric: Needs updating
- Plumbing: Partially updated
- Kitchen: Needs updating
- Bath: Needs updating (both)
- Roof: Needs replacing
- Furnace: Needs one
- Hot Water Tank: Needs one
- Windows: Need replacing (≈10)
- Floors: 2
- Parking: 1-car int. garage
- Rental Potential: $1,975/month