· A siding ranch style home with a partially finished basement which was originally built in 1994. This particular home offers 3 bedrooms, 2 baths and has an estimated living space of 2131′. The basement offers an additional 1937′ of space and the home sits on a very large .60 acre lot. The basement has one large room which has already been finished.
· As you can tell from the pictures the home was abused by the most recent tenants and will need some serious TLC to get back in retail or rental condition! The home’s roof is only 4 years old which is a nice plus and a good start. Plan on 2 dumpsters for the trash-out, interior painting, all new flooring, new HVAC system, two new garage doors, wood repairs, drywall repairs, landscape and punch-out. Retail rehab estimate of $30k+ depending upon overall goals.
· Tax Value of $199,700 w/ 2018 taxes of $3,039/yr. Best strategy with this deal is as a fix and flip but will also make for a great rental.