GREAT FIX AND FLIP OR BUY AND HOLD

Description

Est. Rehab Range: $20k-50k

ARV Range: $560k-$625k

Property Type: Duplex

Beds/Baths: 2/1 + 2/1

Construction Type: Mixed CBS/Frame Stucco

Year Built: 1937

Living Area: 1,315 sqft

Lot Size: 7,000 sqft

(ZONING IS RU-3B)

This property is consisting of two units, each featuring 2 bedrooms and 1 bathroom, separate electrical meters, central a/c, and water heater. The front unit is in good condition, requiring only cosmetic rehab to maximize its rental value. The rear unit require complete rehab to unlock its full potential. UNIT B will be vacant at closing and UNIT A is on a month-to-month lease.

Explore the option of converting the property into a single-family home, offering a spacious 4-bedroom, 2-bathroom layout with an open kitchen concept. This transformation will make the full flip more desirable to an end-buyer, resulting in an increase in its value.

Property to be free and clear of any liens, violations, and/or open expired permits.