Quick Sale Needed…$50-$70k Instant Equity!
Great Rental, Could Be 2 Units with Outbuilding Converted to ADU
Sterling, CO
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Characteristics
Beds: 3
Baths: 1
SqFt: 1,254
Lot Size: 9,496
Year Built: 1905
APN: 4640000
Property Type:
Single Family Residential -
Condition
Nice house if great shape. Seller is moving and needs a quick sale. The carpet in the mud room needs to be replaced. The roof was replaced last year along with the siding and gutters. The water heater is 4 years old and it has a boiler that is working well.
Could be rented tomorrow as is.
Finish out the second other buildings as an for an ADU and second rental.
To flip, minor updates (remove carpet and cosmetics in kitchen) for a quick and easy flip.
Check out the comps, this house is in better shape and value than the $229,000 comp from last month!
616 Oak St, 1,238 Sqft, 11/1/22 $229,500
132 Platte St, 1,248 Sqft, 12/1/22 $214,500
519 Platte St, 1,210 Sqft, 9/14/22 $190,000 -
Numbers & Dates
Numbers
HOA: No
Taxes: $664 (2021)
Rental Income: $21,600
Repairs: $0-$3,000
ARV: $205,000+
Asking: $150,000
Dates
Investor Walk-Through: By appointment only.
Closing: 1/25/23 or sooner.
Possession: One week after closing. -
Contact
Contact
AmyMcCraken
*HOA, Taxes, LTR, STR, Repairs, ARV and any other figures are estimates. BTVA.
*DISCLOSURE*
JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME.