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Updated over 1 year ago on .

User Stats

6
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0
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Justin Gaskill
  • Realtor
  • Charleston South Carolina
0
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6
Posts

Downtown investment Max Profit

Justin Gaskill
  • Realtor
  • Charleston South Carolina
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $150,000
Cash invested: $75,000
Sale price: $332,500

Don't miss this Freedman's cottage built in the Roaring Twenties. Completely renovated from the ground up in 2016, this home boasts fully restored original heart of pine floors. Attention to detail was perfectly executed through out the entire home. This open concept home includes designer styled kitchen with custom cabinets, granite counter tops, stainless steel appliances including a stainless steel farmhouse sink, vented hood system, and a stunning glass tile back splash. Floor to ceiling tile, vessel sink, frame less glass shower door, and beautiful wainscoting outfit the bathroom. Other features include, LED lighting, new ceiling fans, updated laundry room, privacy fence, and new landscaping! Walking distance to Hampton Park, and all of Charleston's hottest restaurants and bars!

What made you interested in investing in this type of deal?

I scouted this neighborhood and saw that there was a lot of opportunity here.

How did you find this deal and how did you negotiate it?

I have an extensive network of properties and being a licensed realtor myself I have access to things that aren't brought to market

How did you finance this deal?

Self financed

How did you add value to the deal?

Full renovation

What was the outcome?

Sold quickly and for top dollar

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes I bought and sold it myself through my real estate firm