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🏡 Rare Find in Watertown, NY: Investor’s Dream Project! 🚀

Price
$28,000
Est. Resale Value
$225,000
412 Stone St, Watertown, NY 13601, USA, ,

Overview

  • 4 Bedrooms
  • 2 Bathrooms
  • 2,527 ft
  • Year Built: 1880

Description

💥 Exclusive Investment Opportunity Awaits! ➡️💥

Property Overview:

Location: Watertown, NY
Type: Historic 4BR / 2BA House
Size: 2,527 sq.ft. living space + 7,500 sq.ft. lot
Parking: Detached (with potential for ADU conversion for additional income)
Financials & Potential:

Purchase Price: $28,000
After Repair Value (ARV): $225,000
Projected Profit: $44,572
ROI: 26.7%
Annualized ROI: 106.8%
Investment Highlights:

✨ Strong ROI & Profit Potential: Estimated $44,572 profit with an attractive ROI.
🛠 Rehab Opportunity: A chance to add significant value through renovation.
📈 High ARV: Potential ARV of $225,000 offers substantial upside.
🕒 Short Holding Period: Ideal for a quick flip, projected 3 months.
🏡 ADU Potential: The detached garage can easily be converted into an ADU for additional income.
Watertown Advantages:

🌆 Rich Historical Context: Located in a historically significant area.
🚶 Proximity to Amenities: Close to downtown, shopping, and dining.
🔥 Act Now to Secure This Investment!

Address: 412 Stone St, Watertown, NY 13601, USA
City:
State:
Zip: 13601
Country: United States
Open In Google Maps
Property Id : 114807
Price: $ 28,000
Property Size: 2,527 ft
Bedrooms: 4
Bathrooms: 2
ARV: $225,000
Property Type: Single-Family
Parking: Detached Garage
Year Built: 1880
Lot Size: 7500.00 sqft

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