06/08/2022
$23,000 PRICE REDUCTION!!!!
New price is $50,000. ARV is $133,000!!!
Looking for cash buyers!!!!
1831 E 1st Pl
4/2 1,705 Square Feet
Estimated ARV: $133,000
Estimated Repairs: $20,000
Home is sold AS IS. $5,000 EMD for offers.
This large, mostly brick 4 bedroom 2 bathroom home is the perfect opportunity for a fix & flip or BRR deal. Recent sales put the ARV at $133,000 (see comps below) - Lots of equity!!! The previous owners spent $20,000 rehabbing the property back in 2019: painted (interior & exterior), new siding, new roof, Tile floors, new cabinets in bathrooms, fixtures, minor plumbing & electrical, and repaired gas lines. A small fire caused under $15,000 worth of damage to the home and the current owners do not have the time to go through a rehab, instead electing to sell.
Sales Comps:
........Address.............Bed/Ba.........Sqft...........Price..............PPSF
2408 E 8th St.................3/1.............960........$67,000.00.....$69.79
1908 E Colgate St........3/1............1038.......$95,000.00.....$91.52
1908 E Colgate St........3/1............1038.......$95,000.00.....$91.524
Average PPSF = $78.12 | Estimated Sales Price = $133,192.02
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