Flip Deal In a Terrific Spokane Neighborhood

[Viktor R.]

Flip Deal In a Terrific Spokane Neighborhood

11705 N Howard Ct, Spokane, WA 99218 is a single family home built in 1974. This property was last sold for $199,900 in 2005 and currently has an estimated after repair value of $230,217. It located in the best school district in Spokane with Brentwood Elementary School (9/10), Northwood Middle School 9/10) and Mead Alternative High School (9/10). Once repaired, the house will sell very quickly.

Property Information

Bedrooms: 3 (basement has 2 bedrooms. Once windows added, property can be considered as 5 bedrooms)

Bathrooms: 3

Square Feet: 1,499 (once basement is brought up to code, sq. ft. can be increased)

Year Built: 1974

Stories: 2

Link: http://www.realtor.com/realestateandhomes-detail/11705-N-Howard-Ct_Spokane_WA_99218_M27933-66442

Comparables

ARV $222,000 $235,000

1. 12104 N Washington St, 3/2 1752 sq.ft, $237,000
2. 11913 N Atlantic St, 4/2 3026 sq.ft., $217,500
3. 315 W Chatham Ct, 4/3 2650 sq.ft. $239,000

Rehab Estimate

$25,000 (Buyer to verify their own rehab)

Purchase Price

$160,000

Estimated Flipper Profit

$18,000- $20,000