Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $230,000-$250,000
• Estimated Rehab: $25,000-$45,000
• Comparable Rent: $1,500
• Construction: CBS/Frame
• Occupancy: Vacant @ Closing!
• Comp 1: 610 NE 11th Ave - 3/2.5 with 1,677 sq/ft - Fully Updated - Pending @ $360k!
• Comp 2: 1510 NE 17th St - 1,092 sq/ft - Updated - Sold 06/2022 $240k!
• Comp 3: 1413 NE 17th St - 3/2 with 1,404 sq/ft - Minor Updates - Sold 05/2022 $230k!
• Comp 4: 1656 NE 15th Ter - 3/2 with 1,568 sq/ft - Minor Updates - Sold 05/2022 $225k!
• Comp 5: 923 NE 17th Ter - 3/2 with 1,232 sq/ft - Clean but Outdated - Pending @ $220k! (Pending 2 DOM)
• Comp 6: 1129 NE 9th St - 3/1 with 1,437 sq/ft - Tenant Occupied/As is - Pending @ $154,376
• Rehab Description: For a Flip it is recommended to update the kitchen, bathrooms, flooring throughout, interior paint, add new appliances, and do some minor landscaping for curb appeal. Exterior paint is an option but not necessary. For a Rental this home is ready for a tenant after some fresh interior paint and a clean. For highest rent possible it is recommended to do some minor updates to the kitchen, flooring, and bathrooms.
• Features: This extremely well kept home features a metal roof, spacious fenced-in backyard, laundry room, workshop with garage door, carport, and a study/office room. Jump into this project with seamless potential and serve a family looking to buy or rent a nice home.
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab