Updated about 8 years ago on .
Spokane Wholesale Deal - Mead Distr. EZ Fixer! New roof, etc.
The easiest fixer of the year, in one of the best neighborhoods!
A great little project for the low-stress flipper or landlord.
Property is vacant, so showings are easy. Just contact me if interested in taking a peak.
This seller just inherited this property and is ready to liquidate.
Address: 7624 N Hughes Dr, Spokane WA Purchase Price: $179,000 Rehab Costs, est: $15k - 30kResale Value, est: $250k - 280k ~ Depends on what you do to it.
Flip Profit, est: $20k - 40k
Gross Rent, est: $1,750+
Property Stats:
Currently, a 3 bed, 1.5 baths with about 2,600 total sqft and a 2 car attached garage. Partially finished basement with room for a 3rd bathroom.
Backyard includes a maintained in-ground pool with newer heater, pump and filter.
Vinyl siding, windows, newer; furnace, roof and water tank.
I suggest completing a high-end, cosmetic remodel, finishing out the basement and adding a bath to sell this one for top dollar as a 4 bed, 2.5 baths, 2 car, near Mead.
You'll also want to get rid of the pet smell ;-)
Or ...just put about 10k into sprucing it up, put some long-term, low-interest financing in place and then rent it out for immediate cash flow and ride the current appreciation wave for a few years, THEN sell!
With a little elbow grease, this place would easily qualify for traditional financing.
To secure this deal please complete all of your due diligence and deliver a check for $2,500, non-refundable deposit.12 month - 5 year financing available with little down!
Happy Hunting!
--- v/r -
Jacob Evans
CEO | Broker(509) 413-6539
Spokane's Superior Solutions LLC
601 W Maxwell Ave Ste #3Spokane, WA. 99201
Licensed Real Estate Services provided by4407 N Division St, Suite 200
Spokane, WA 99207
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