Fix & Flip 574 Boyd St; Sptbg $129k OBO

[Alden Simpson]

Alden Simpson's Wholesale Deal

HOUSE OCCUPIED - DO NOT DISTURB OCCUPANTS

ALL OFFERS DUE BY MON, 2-18-19 AT 11:59PM

CALL FOR ACCESS (864) 438-3448

574 Boyd St, Spartanburg, SC 29302

2012 sqft - 2 Story 4BR/2BA

Located in the desirable Converse Heights neighborhood on a double lot.

Might be room to build a second house on the lot to the right. We have not checked with the city about minimum lot size, etc.

ARV = $230k ($114/sf) see comps below

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CASH PRICE = $129,000 OBO

Address: 574 Boyd St.Spartanburg, SC 29302

TMS # 7-12-16-232.00

Alternate Parcel ID: 7123-73-1728.95

Bedrooms: 4

Bathrooms: 2

Size: Approx. 2012 SqFt

Lot Size: .36 acres

Built: 1940

CALL FOR ACCESS (864) 438-3448

CASH PRICE $129,000 OBO

HOUSE OCCUPIED - DO NOT DISTURB OCCUPANTS

ALL OFFERS DUE BY MON, 2-18-19 AT 11:59PM

CRS PROPERTY REPORT: https://drive.google.com/file/d/11Hm7p1M7bnbdX9uZ1lec3PHC1Q0WJ2Gk/view?usp=sharing

PICTURES: https://drive.google.com/drive/folders/1lqwtUR7_v4Ootaujl1eoMagSUMyIF10S?usp=sharing

COMPS:

Address	SF	BR	HB	FB	Yr Built	Sold Price	$/SQFT	Closing Date
925 Brentwood Dr	2017	3	0	2	1951	$229,000	$113.53	11/19/2018
111 Eastwood Circle	2032	3	0	2	1954	$230,000	$113.19	12/14/2018
610 Boyd Street	2213	4	0	2	1938	$231,500	$104.61	12/29/2017
568 GLENDALYN AVENUE	1961	3	1	2	1942	$235,000	$119.84	10/23/2017

DETAILS:

• 2 Story home located in Spartanburg
• No known leaks in roof
• Fascia, Soffit and Gutters seem to be in good condition
• Original windows
• HVAC system is from 1997 - may need to be replaced soon
• No known issues with electrical
• No known issues with plumbing
• Hardwood floors are in very good condition
• Nice built in book shelves in living area
• Small pantry off kitchen
• Kitchen needs to be updated - possible to expand the kitchen into the dining room area
• Kitchen appliances included
• Both bathrooms need to be updated
• Interior of house need to be painted
• Exterior siding has some damage where the power wires come into the house from the pole. May be able to get Duke Power to fix this. Caused by limbs on the wires. See pics
• Closet to left of front door has spray insulation in one of the corners. Did not see any damage to the outside of the house in this area. see pics
• Please budget for a clean-out

HOUSE OCCUPIED - DO NOT DISTURB OCCUPANTS

ALL OFFERS DUE BY MON, 2-18-19 AT 11:59PM

CALL FOR ACCESS (864) 438-3448

***Please do not re-market any of our deals without the permission of Upstate Wholesale Houses. We will not do any Joint Venture deals without a JV agreement in place in advance of any re-marketing of the property.

Thanks for looking,

Alden Simpson