Property Description:
This house needs work but has good bones and tons of potential. Currently it's a 2bd/1ba but the attic could easily be finished to make it a 3/1 and the basement could also be finished to make it a 4/2 with 1750+ sqft. With a 4/2 configuration ARV would be $415-$425k. Estimated rehab costs $95k-$105k for the 4bd/2ba configuration.
Alternatively to paying the $255k up front, you can get into this property for $44k with the remaining $211k acquisition costs being financed until 12/1 at a rate of 1.58% with no monthly payments required. You would need to either sell the house or have other financing arranged by that date.
* fireplace
* large, fenced back yard
* hardwood floors
* quiet, desirable neighborhood and conveniently located
* well inside the house needs to be sealed
* needs siding, roof, HVAC
Property is being sold "as is." Buyer is responsible for their own due diligence. Buyer to pay all closing costs. All offers will require a $5,000 non-refundable earnest money deposit. Resolution Home Buyers owns this property and this is not an assignment of contract.
* Agents - add your fee to the asking price.
Photos: photos.app.goo.gl/n7V8VDrAnHtmnVbbA