New Investment Opportunity 🏡 Near Iroquois Park 🌳Large Corner Lot

Description

Located steps from Iroquois Park, this two-bedroom home is situated on a large corner lot and features a large family room and open dining room. There is a large detached two-car garage on the property as well as a storage shed.

This property is positioned to be a great fix and flip or buy and hold. The seller has replaced many floor joists in the family room along with the subfloor and then installed LVP throughout the living room, dining room and kitchen.

ARV $180,000

Estimated Repair Cost $40,000

Property repairs needed:

Updated kitchen and bathroom

New roof on detached garage

Drywall/plaster repairs

Replacement windows

HVAC replacement

Interior paint/Exterior siding stain

Comparable Properties:

5431 Southview Dr – 2/1, sold for $212,000 on 10/27/23

5402 Bruce Ave – 3/1, sold for $179,900 on 10/17/23

7404 Peggy Ave – 2/1, sold for $174,900 on 12/28/23