Full Renovation on King Street

[Julie Muse]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $45,000
Cash invested: $57,310
Sale price: $145,000

Contributors:
Peter Vekselman

Partner Driven partnered with Scott Thompson on a renovation project on King Street in Dunkirk, New York. The property was purchased for $45,000 and improved with $57,310 in renovations before selling for $145,000. This deal highlights how focused upgrades and disciplined execution can transform a distressed property into a strong resale opportunity.

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

The property offered a low entry point with significant room for improvement. Its structure and layout supported a full renovation strategy, and the local market showed demand for updated homes. The deal presented a clear opportunity to create value through targeted improvements and reposition the property for resale.

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

Scott sourced the opportunity through local outreach and recognized the property’s potential early. The seller was open to an as-is transaction, which kept negotiations straightforward and allowed the project to move quickly into the renovation phase.

How did you finance this deal?

Partner Driven funded 100% of the purchase and renovation, covering both the $45,000 acquisition and the $57,310 rehab budget. With funding secured from the start, the project was able to move forward efficiently without personal capital at risk.

How did you add value to the deal?

The home underwent a full transformation that included interior upgrades, flooring, paint, kitchen and bathroom improvements, and exterior enhancements. The renovation focused on bringing the property in line with buyer expectations while improving overall functionality and curb appeal.

What was the outcome?

After renovations were completed, the property sold for $145,000. The finished product stood out in the market and reflected the impact of the upgrades made throughout the project. The final sale demonstrated strong demand for updated homes in the area.

Lessons learned? Challenges?

Managing a full renovation required close oversight of timelines, contractors, and budgets. Staying disciplined throughout the project helped keep the renovation aligned with market expectations. The key takeaway was the importance of balancing renovation scope with local resale demand.