one property at a time.

🏡 2 Lots! Subto + Fixer Upper in Kaufman County 🏡

Price
$63,000
Est. Resale Value
$160,000
207 N Dallas St, Kemp, TX 75143, USA, ,

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
https://s3.us-east-2.amazonaws.com/sendlift/property-documents/9105_MTG%20STATEMENT.jpeg

Address: 207 N Dallas St, Kemp, TX 75143, USA
City:
State:
Zip: 75143
Country: United States
Open In Google Maps
Property Id : 79441
Price: $ 63,000
Property Size: 1,032 ft
Bedrooms: 2
Bathrooms: 1
ARV: $160,000
Property Type: Single-Family
Parking: Driveway
Year Built: 1947
Lot Size: 0.63 acres

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