ARV 210-249k Fort Worth Ryan Place asking 115k
Clinker Brick 2/1 approx 1600sq ft w/ 1/1 mother in law suite 750 sq ft
Asking 115k end buyer pays fees.
Arv 210-250k - Has the space to bring it up to the 2/2 or 3/2 comps. ARV is not including the mother in law suite square footage or additional bedroom/bathroom and kitchen.
Rehab 60k+ (to turn main house into a 3/2) GC bid @ 65k
A cosmetic and mechanical rehab could be done for 30-50k and may still be profitable, ARV is for a full remodel.
Contract Close date 1/5/15
Needs Electrical, HVAC, Foundation, Plumbing for new bath, Siding, Cosmetic and floorplan upgrades etc
Disclosure: There are some additions to the house. The homeowner says these were permitted along with the MIL Suite... but do your due diligence
Pictures available upon request
If you have any questions don't hesitate to text/call/email
Fort worth, flip DFW, wholesale, rehab, investment, historic, income property