Property Information

Property Description

CREATE YOUR OWN EQUITY and transform this DISTRESSED 1900’s house into your DREAM home! With 3,000+ sqft, this is a perfect home or investment property! 5 bedrooms, 3 bathrooms with room for more, it offers great space & conveniently situated near highways, Dickenson fishing pond, and McCoy park (park w/ amenities like a ball field, tennis courts, playground, and a splash park for kids to enjoy). Cosmetic upgrades are needed to bring it’s full potential out. The living room and hallways feature hardwood floors, and the rooms are generously sized. The property includes a spacious deck that overlooks the concrete area for extra parking. Estimated ARV is $400k+ (comps available upon request). Selling AS-IS. Inspections are for buyers’ knowledge ONLY.

• ARV: $420,000+
• Repairs needed: $80,000
• Market Rent: $1,500-1,700

Finance Options

• Conventional loan: Secured through a traditional bank. Typically requires a down payment of 20% or more and has fixed or adjustable interest rates.
• Cash: Must demonstrate sufficient funds to purchase the property outright with cash.
• Bridge Loan
• Seller Financing: Involves a down payment (typically 30%) and regular mortgage payments directly to us. Please contact us for more information regarding owner financing.