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Updated over 11 years ago on . Most recent reply

User Stats

502
Posts
263
Votes
Andrew Herrig
  • Rental Property Investor
  • Dallas, TX
263
Votes |
502
Posts

Dallas Area Wholesale - $54k

Andrew Herrig
  • Rental Property Investor
  • Dallas, TX
Posted
1315 Hillcrest St, Mesquite, TX 75149
3/1/1, 984 sqft, brick

ARV: $75k
Rent: $850
Repairs: $5-7k (rental)
Price: $54k

Cash or cash equivalent only. Buyer to pay all closing costs.
Pictures:
https://www.dropbox.com/sh/44q0dlttn9qz5vv/30ai9ppvxG

Pros:
- Roof, HVAC, sewage/water line to street, water heater, electric panel all replaced in last 5 years, absolutely NO deferred maintenance
- Foundation repaired in last few years, has transferable warranty
- Neighborhood has upside potential, recent pending comp with well done rehab listed for $80/sqft

Repairs Needed:
- New flooring (could maybe refinish existing hardwoods) - Paint and drywall repairs throughout- 1 broken window
- Several door frames need repaired/replaced

- Fire started in kitchen sink, damage to cabinets immediately surrounding sink (Servpro has cleaned whole house of smoke damage/residue, just needs cosmetic repairs)

Contact:
Please call or text me for lockbox code at 903-530-3690, or if you have any questions!

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