Description

We've got a great opportunity for a fix and flip RIGHT NEXT to Bellaire. The home falls into the Bellaire High School district. This property will need a down to the studs rehab, but the upsides are tremendous. Properties are going for $600k+ and upwards. This job will take a skilled flipper, who will finish the project with high-end finishes to create maximum value.


5612 Pine St. Houston, TX 77081


4 Beds / 2 Bath / 2 Car garage

2,750 square feet

.27 acres (11,761 sq. ft.) lot size

Built 1960


Asking price - $345,500


Repairs -- Down to the studs. Build out depends on what you want the ARV to be. $100k + (see photos)

Needs -- HVAC, roof, kitchen, floors, bathrooms x 2, bedrooms.


Comps - $230 a square foot for sales in Flack Estates, or $630,000


Email or call for more photos


TOURS


-- Thursday, Sept. 15th 2016 3-5 PM

&

-- Saturday, Sept. 17th 2016 11 AM - 1 PM


Please email, call or text to confirm which time you will be touring the home.


Details


$5,000 non-refundable deposit due upon signing of contract

Taxes owed will come from seller's end

NO seller financing available

Realtors, brokers and wholesalers, please add in your commission




Property Details

Property Status Expired
Price $345,500
Estimated Repairs $35,000
Square Footage 2750
Sq Footage Source
Estimated ARV $600
Estimated Equity $-379,900
Bedrooms 4
Bathrooms 2
Garage Size 2
Year Built 1960
Publish Date September 14th, 2016

Seller Information

Matthew McConkey

Member since April 2015


Do your research before making any investment!

Seller assumes all responsibility for the content of this listing.