$160,000
122 E 14th Ave, Kennewick, WA 99337
Current Rent **
N/A
Projected Rent **
N/A
Kennewick Wholesale Special
3 beds • 2 baths • 1,316 sqft
122 East 14th Avenue, Kennewick, WA 99337
http://northwestrenovations.com/14th-street-charmer-kennewick-wa
Year Built: 1943
Lot is 6,098 sf
Lots of parking
Open-concept floor plan
Open House: Saturday, April 13 from 3pm – 5pm
Attention: This is a wholesale deal and will move fast. We are asking $160,000. For an investor it is a quick and easy finish. Maybe $10,000 for some paint and finishing the kitchen. $220,00-$240,000 retail value after finishing the remodel, in our opinion. The contract has closing set for June 13th, 2019. This property must close on or before that date as there is an auction scheduled for June 14th (you can close as soon as you would like). Escrow has been opened and is ready to hand off. In our opinion we are leaving ~$50.000-$70,000 on the table. The property is vacant as it was just finishing being remodeled. So access to the property will be right after closing. Closing can be accelerated to as soon as the investor would like.
Synopsis:
This house is located in a nice, quiet neighborhood that is conveniently located, pretty close to downtown and the Columbia River. This house would make a great rental or flip for a nice family.
Overall the house is in great shape and just needs the remodel finished. The pictures will show it is very clean and not much left to do at all.
Inside:
The living room is large and flows into the open concept dining room then kitchen. The kitchen needs finished along with some paint in a few rooms. The home is very spacious and overall offers a lot of room in this 3 bed 2 bath home.
Outside
As you go outside of the kitchen sliding door you find yourself on a nice covered patio that has a fire pit and garage in the back yard. The yard is fenced in with a nice wooden fence.
Other Benefits:
Very little work needed
Peaceful and quiet neighborhood
Convenient location
Selling WAY under value!
The Numbers:
Sale Price:
$160,000
Carpet and Minor Items:
$10,000
Total Cost:
$170,000
Suggested list price after updates:
$230,000
Potential Profit:
$60,000
Location:
122 E 14th Ave, Kennewick, WA 99337
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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