1706 Faraon St
This 2/1 property is a little house with a lot to offer! With nice curb appeal and newer cement steps leading to the front porch, this house is ready to be transformed into a rental or a flip. The house has been home to a long-term owner, along with her two cats, and from a functionality standpoint has been well maintained. New interior paint, flooring, bathroom remodel, and a deep cleaning will quickly bring this house back to life. A flipper may also opt to paint the exterior and make porch enhancements, though those items would not be needed if held as a rental. The roof is not new but appears to be in good condition. The gutters, HVAC, and water heater are all in good condition. Plus!! …a smaller bonus side room does have a window and a closet, and if closed in with a door this could appraise as a third bedroom and be ideal for a crib or a home office.
ARV: $110,000
Asking Price: $65,000
Estimated Rehab: $20,000
Estimated Rent: $850/mo
*Rehab descriptions are provided as a courtesy. We strive to help investors have a better understanding of possible needs and numbers. Information provided here is NOT an exhaustive scope of work nor is it a bid for contractor and labor. Please do your own due diligence as numbers/ARV are not guaranteed; they are based on our current knowledge of the property/market, experience, and a quick walk through.