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๐ŸŒŸ๐Ÿ’ผ Great Opportunity | High Return Fix and Flip in Wapello | IA ๐Ÿกโœจ

Price
$55,700
Est. Resale Value
$135,000
1503 Chester Ave, Ottumwa, IA 52501, USA, ,

Overview

  • 2 Bedrooms
  • 1 Bathrooms
  • 1,227 ft
  • Year Built: 1947

Description

๐ŸŒŸ Irresistible Investment Opportunity! ๐ŸŒŸ

๐Ÿ’ฐ ARV: $135K ๐Ÿ’ฐ

Carefully calculated using the avg. price per sqft, adjusting for living space below and at/above grade.
Top floor: 727 sqft at $139 per sqft. Lower level: 500 sqft at $70 per sqft.
๐Ÿ”ง Rehab: $18K – $25K ๐Ÿ”ง

Flexibility depending on finishes chosen by the investor buyer.
๐Ÿ  Layout: ๐Ÿ›Œ

2 BEDROOMS (Room to add 1 additional), 2 BATH, 1 CAR GARAGE
๐Ÿ“ Living Space: ๐Ÿก

Total: 1227 SqFt (727 sqft on main level, 500 SqFt in partially finished basement)
Note: Many sites do not include basement living square footage until a permit is received & C/O is updated.
๐ŸŒณ Lot Size: ๐ŸŒฟ

5968 SqFt
๐Ÿ”จ Opportunity Awaits: ๐Ÿ”‘

Can be structured as a Fix and Flip or Buy and Hold, ensuring a solid return on investment (R.O.I).
Prime corner lot location, close to major cities yet away from the hustle and bustle, making it attractive to buyers or renters.
Cosmetic renovations only, allowing for a quick turnaround to get back on the market.
Average days on market in this and surrounding markets: 60-71 days, well below the 90-day red zone for flipping.
These compelling stats and numbers make this property a rock-solid investment, backed by undeniable facts.
Act fast, as this deal is bound to fly off the shelves, just like our previous property, which sold within 24 hours! ๐Ÿš€๐Ÿ 
Don’t miss out on this golden opportunity! ๐ŸŒŸ

Address: 1503 Chester Ave, Ottumwa, IA 52501, USA
City:
State:
Zip: 52501
Country: United States
Open In Google Maps
Property Id : 113099
Price: $ 55,700
Property Size: 1,227 ft
Bedrooms: 2
Bathrooms: 1
ARV: $135,000
Property Type: Single-Family
Parking: Detached Garage
Year Built: 1947
Lot Size: 0.14 acres

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