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Updated almost 10 years ago on .

User Stats

410
Posts
337
Votes
Douglas Larson
  • Rental Property Investor
  • Salt Lake City, UT
337
Votes |
410
Posts

Inexpensive flip or rental in So. Salt Lake City, Utah $97,500

Douglas Larson
  • Rental Property Investor
  • Salt Lake City, UT
Posted

This property is an REO with many needs but with some good components. I am under contract with the bank and will close before the end of the September. I will sell to a cash buyer who can close before October 6th. A non-refundable earnest money check for $2500 is required so please do your inspections and homework before signing contracts. First deposit gets the property. Attached are photos. I can send you sold comps in the area if you message me. Ugliest comp sold at 98.5K last Feb. Nicest comp in area sold for 189K. Home has Supra Box but I can get you in if you don't have Supra access.

Please message me with any questions.

Here are some details:

168 Beryl Ave., SLC

Great Flip or rental

Wholesale price 97,500

ARV Retail price 160K+

So. Salt Lake

2 Bed, 1 Bath, 779 sq.ft.

2 storage sheds

Built 1909

.17 AC lot

Features:

- Vinyl windows

- Newer vinyl siding

- 2-year old roof

- Nice neighbors

- Convenient to everything

- Fenced yard

*Not to mention...a very cool, vintage kitchen sink!*

Needs:

- Soffit/facia Repairs

- New flooring

- Electrical/plumbing

- Sheetrock repairs/paint

- Furnace

Est Repairs: 25K

Est gross Return: 37K

Thanks for watching . . . . 

  • Douglas Larson
  • Podcast Guest on Show #41
  • Offering