*New* The assignment for 1218 Powell has been lowered to $40,000 and the Heritage Home Investments construction crew has compiled a thorough construction bid totaling $73,000 (Includes all new HVAC and water heater.
Ask us for more details). Hire us as the “Easy Button” for this project and be in a great position to BRRRR and get great cashflow with estimated $1300/mo rent. Or, consider this a flip project!
Full details:
1218 Powell is a 4 bed 2 bath house with over 2200 sq ft, plus an attic room that could function as a 5th bedroom.
The house has a newer roof, good foundation, solid front patio, well-maintained siding, and is overall very spacious. Plumbing and electrical are believed to be in functioning condition.
The house needs bathroom and kitchen enhancements, several new doors, sheetrock repair, several new windows, and new paint. Many of the hardwood floors could be cleaned up and functional. There is junk in the house that prohibits a full floor assessment. The water heater, HVAC, and A/C condenser are older. There was a detached garage fire last year that did NOT impact the house and has been fully cleaned up/removed. A burned tree (that does not hang over the house) needs removed.
Interior and exterior video available upon request!
Asking price: $40,000
Construction bid: $73,000
ARV: $181,000 (Per a recent comp report)
Estimated rent: $1300
*This is a construction bid for 1218 Powell using Heritage Home Construction Crew.