Renovations are exploding all over New Oliver area. The recent redevelopment taking place on this very block, makes this home highly desirable for retail buyers. ARV $173k (Comps support)
sale price $40k o.b.o
closing cost $2.5k
rehab cost $50k (Estimated based on condition and sqft)
miscellaneous $5k hidden expenses
resale comm $9.5k @$165k
=$106,500 Acquisition and Rehab
Projected net profit $58k everything considered
3 months based on DOM for this area
Properties on the same Block with identical square footage
1415 N Bond st. sold $173k
1417 N. Bond st. sold $163k
1427 N. Bond st. sold $184k
There has been a minimum of 10 Rehabbed Properties on this block since 2012 and counting. Get in where you fit in! or live with YOUR OWN regrets!
(next door) 1417 Bond St. sold for $173k
1436 N. Bond St. Sold for $241k
1410 N . Bond St. Sold for $249k
|*Information provided based on estimates. Investors do your own due diligence regarding estimates for precise accuracy.* |
|Call Jamal for details: 410.802.8477|
|Sq Footage Source
||August 21st, 2016
Do your research before making any investment!
Seller assumes all responsibility for the content of this listing.