Description

3533 Iowa, 63118 is a big project with BIG PROFIT - ASKING $49,500


- Property is gutted and ready for you to convert to single family home for big profit.

- Comps attached support updated single family sale ARV 225K+ for smaller square footage.

- This 3800 sq/ft property could be configured into:

(4) - 1 Bed, 1 Bath units OR

(2) 1 Bed, 1 Bath units & (2) 2 Bed, 1 Bath units OR

To a massive single family residence.

- New Windows, Exterior Doors and Tuck-pointing already complete

- Recently gutted and ran out of money


Asking 49,500

Rehab estimate 75-110K

ARV 225K+

All in at 160K generates 65K PROFIT+


COMPS :

- 3710 S. Jefferson - 3 Bed, 4 Bath, 2,820sqft - Sold 184K

- 2706 Wyoming - 4 Bed, 4 Bath, 2,989sqft - Sold 260K

- 3247 Indiana - 3 Bed, 3 Bath, 2,565sqft - Sold 278K

- 3420 California - 3 Bed, 3 Bath, 2,806sqft - Sold 245K 


contact: Discount Property Investors Team
email: deals@discountpropertyinvestor.com
website: http://www.discountpropertyinvestor.com/




Property Details

Property Status Expired
Price $
Estimated Repairs $75
Square Footage 3648
Sq Footage Source other
Estimated ARV $225
Estimated Equity $150
Bedrooms 4
Bathrooms 4
Garage Size 1
Year Built 1892
Publish Date July 25th, 2016

Seller Information

David Dodge

Member since March 2016


Do your research before making any investment!

Seller assumes all responsibility for the content of this listing.