Updated almost 11 years ago on . Most recent reply
Unique wholesale deal in Kelso, Washington
Unique opportunity for flipper/rehabber on corner lot property:
1012 N 2nd Avenue, Kelso WA 98626
2 bed, 1 bath, 1,200 sq. feet
Price including assignment fee: $45,000
Vital stats:
•2 bed / 1 bath zoned commercial/religious - can convert to residential w/o much trouble
•1,200 sq. feet, thus $37.50/sq. foot.
•Built in 1952
•Current renter pays $700/month, $8,400/year
•Yearly taxes $661.58
•Closing on or before January 4th, 2015
I have full comps and pictures available, please request. Average $/sq. foot sold within past 6 months is $53.
Southern neighbor purchased for $93,000, further south for over $123,000. Vast majority of properties in area are valued well over $100,000.
Please note: Buyers are fully responsible for completing their own Due Diligence before signing contract.