Updated about 6 years ago on .
2 family side by side help.
Looking to close on a 2 family Side by side.
Need constructive and informative ideas and renovations and ideas to lower the remodeling price
House info:
2800sq ft
3 bedrooms 1bath (each)
Purchasing the house out of foreclosure
House needs ALOT! Of work.
New roof leaking
New plumbing- domestic plumbing busted over the winter
New/updated electrical
Hardwood floors are buckled,worn and un-salvageable
Some/most walls- plaster cracking and chipping
New front porch and 2 rear porches
House needs new siding
Almost every estimate I’ve gotten is 180-200k
4-6 verbal
Here are the numbers.
Purchase price 137k
Renovation 200k
6 Comps 280-399. (Last six moths/with-in a mile)
Trying to get a budget to 150-170 full remodel
203k loan financing so can’t really DIY or Hire off books-
Location
Orange County NY