Priced to Sell - Investor Special - 4 Bed / 2.5 Bath in Aurora

[Josh Halagiere]

I'm looking to wholesale, this GREAT investor property for rehab and flip, buy and hold or rental!!  The closing date is August 1. The home is located in a good area of Aurora, IL with several parks within walking distance. It's currently occupied by a tenant who will be moving out by the end of July (however, it may be possible to keep the tenant if you're interest is keeping it as a rental, current tenant is Section 8). The property was updated in 2008 and requires a light rehab consisting mostly of paint, flooring and minor kitchen and bath updating. It has one bedroom on the first floor, three on the second floor with a large laundry room on the second floor. There is the potential to finish the basement which has been professionally waterproofed (with lifetime warranty) and has 7'-6" already finished ceilings, along with a full bath in it!

Asking price: $84,000

Repair Estimate: $15k-$18k

ARV: $140,000 (based on these comps that have sold in the last 30-90 days)

Comp #1- 814 Pennsylvania Ave, Aurora, IL 60506, 3 beds 2 baths 1,450 sf sold on 5/12 for $149,000. http://www.zillow.com/homedetails/4695965_zpid/

Comp #2-750 Pennsylvania Ave, Aurora, IL 60506, 3 beds 2 baths 1,300 sf, sold on 3/31 for $147,000http://www.zillow.com/homedetails/4695971_zpid/

Here is the link to the pictures

516 Plum - Pics 062416

 Please only serious CASH buyers reply.

Thanks,

Josh