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Property Details

Status
Active
Type
Single-family residential
Rooms
4
Bedrooms
3
Baths
2 full / 1 half
Show Room Information

Master Bedroom

  • 12.00X15.00
  • First

Year Built
1920
Heating
None
Cooling
None
Approx Sq. Feet
1,480
Acreage
0.14
Est. Taxes
$550
Days on Market
231 days
Appliances
None
MLS#
O5737808

Price History

10/21/2018 - $49,900
10/2/2018 - $54,900

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Robert Reade

Robert Reade
Insurance NPN# 2283864
Office - 203.925.4588
Cell - 860.690.5052
Fax - 866.603.1192

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Reduced Price!

Original: $54,900

Reduction: 9.11%

$49,900 ($34 per SQ/FT)

Estimated PMT - $188 / Mo.*

Check Rates › | Change Terms›

INVESTOR SPECIAL!! THIS PROPERTY NEEDS AN ESTIMATED TOTAL OF $55,000 (ESTIMATES HAVE ALREADY BEEN DONE.) 29% NET PROFIT APPROX, AFTER REHAB! Where Else Will You Find This Opportunity In Such A Hot Market?!? PLEASE READ ENTIRE DESCRIPTION!! This Property Comes In At Only $37 Per Sq Ft!! Fully Rehabbed Comp In The Same Exact Neighborhood And 30 Years Older Than This Home Has Sold For $92/ft, And That Was Before The Hot Market/summer Season!! Properties Across The Street And Within Half A Mile, Same Year Or Older, Fully Rehabbed, Have Sold At $119, $129 And Even $144 Per Sq Ft!! 1019 W 12TH ST(ONLY 750SQ FT) SOLD FOR $49,000. EVEN IF YOUR COST IS $110,000 AFTER REHAB, IF YOU SELL THIS FOR AT LEAST $105/SQ FT, YOUR NET AFTER CLOSING COSTS AND PAYING REALTOR COMMISSION LANDS APPROXIMATELY AT $147,000. PROFIT OF $37,000 ON A VERY HIGH-END COST OF $110,000 = 33% (THIRTY THREE PERCENT PROFIT!!). ROOF IS A TIN ROOF AND LOT IS 6000 SQ FT, AND THE BACK IS ALREADY FENCED-IN. CASH ONLY, NO INSPECTION, $2000 ESCROW REQUIRED AT MINIMUM. All estimates provided are approximate numbers and are not finalized and are only estimates.

 
 

Listing courtesy of RE/MAX MARKETPLACE