Overview
- 2 Bedrooms
- 1 Bathrooms
- 1,032 ft
- Year Built: 1947
Description
Welcome to an investment opportunity that promises exceptional returns! This wholesale deal presents two lots, each with separate parcels, offering a multitude of possibilities for savvy investors.
KEY FEATURES
Two Parcels: Enjoy the advantage of owning two lots, providing the flexibility to sell individually for increased profit potential.
Updated Roof and AC: Benefit from recent replacements of the roof and air conditioning units within the last five years, minimizing immediate maintenance expenses.
Foundation Repair Required: While the property boasts solid structural fundamentals, it requires foundation repair to unlock its full potential.
Cosmetic Enhancement Opportunity: With cosmetic updates needed, there’s ample room to increase the property’s value through renovations.
Additional Lot: The second lot offers space for expansion or development, albeit requiring some dirt filling if separated, adding to its appeal and versatility.
Subject to Option: Buyer can purchase subject to a 4.125% interest rate or purchase cash.
PITI and Principal Balance: With a PITI of $676 per month and a principal balance of $56,000, this investment offers multiple strategies to fix/flip or owner finance.
Price: Priced aggressively at $75,000, this deal represents a lucrative opportunity for investors seeking high returns.
Don’t miss out on this chance to capitalize on a property brimming with potential. Whether you’re looking to renovate and resell or hold for long-term appreciation, this wholesale deal offers the ideal foundation for your investment success. Seize the opportunity today!
Mortgage Statement
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Full Mortgage Statement
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