504 Grand Ave Available

  • $45,000

504 Grand Ave

Nestled in the heart of the quaint forested town of Forest City, Missouri, stands a charming house waiting to be called home. With three cozy bedrooms and a single bathroom, it offers just the right amount of space for a small family or a couple seeking solace in nature’s embrace. Its open-concept living room and kitchen create an inviting atmosphere, perfect for gatherings and shared moments. While the property is in livable condition, a touch of rejuvenation could enhance its appeal. With an estimated $20,000 investment, both the interior and exterior could undergo a refreshing makeover, unlocking its full potential. Despite its current state, the property holds promise, especially considering the aggressive rental market in this close-knit community. With rental rates ranging between $800 to $900, it presents an attractive opportunity for investment. Boasting 1150 square feet of space and a potential after-repair value (ARV) between $100,000 to $115,000, the asking price of $53,500 unveils a canvas ripe for transformation, beckoning those with a vision for turning houses into homes.

ARV: $110,000-115,000

Asking: $45,000

Estimated Rehab: $20,000

Potential Rental Income: $800-900/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.

Price:
$45,000
Address:
504 Grand Ave
Forest City, MO 64473
Terms:
Assignment of Contract
Property Type:
Home

Call 8164488703 for more details

Property Location

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8164488703