2/2, BIG LOT, COLLEGE PARK HOME (32804) 220K | ARV 330
Property overview, great value can be found in this adorable home in the historic Dubsdread Golf District, and with nearly 200 homes selling in the greater College Park area in the last 6 months, this home would be within the cheapest 9% to have sold based on price per square foot, and with just some cosmetic rehab, you will have a move in ready residence with the ability to make you $1600+ a month in rent; however, with homes in the area selling for an average of over $200 a square foot, there’s enough upside for a flip. If you’re feeling ambitious, you can convert the attached garage into additional square footage and add instant value to the home. Situated on an oversized 75’x150′ lot, the land affords the flexibility for a future new construction project as well. Brassie Dr is already home to several new construction houses, including a modern, 4500sqft brand new home 2 doors down, ith the green of Dubsdread’s course, a mere few feet from your driveway, this home is a no brainer for the savvy investor.
Property features Include, spacious floor plan with separate living, family and dining room, wood floors, hardy board siding, large kitchen, newer windows, 1 car garage, architectural shingle roof, textured walls and ceilings, and an expansive quarter acre fenced in lot.
Rent Rehab: $15-17k
Paint, wood flooring restoration, minor kitchen updates and appliances, bathroom repairs, fixtures, and misc cosmetics are recommended.
Paint, wood flooring restoration, minor kitchen updates and appliances, bathroom repairs, fixtures, and misc cosmetics are recommended.
Flip Rehab: $30-40k
Kitchen and bath renovation, paint, flooring, landscape package, new electrical panel, fixtures, brick paver driveway and misc cosmetics are recommended.
Kitchen and bath renovation, paint, flooring, landscape package, new electrical panel, fixtures, brick paver driveway and misc cosmetics are recommended.
No comments:
Post a Comment