Flip #1 - Newell Flip

It's hard to put a finger on the most exciting aspect of this property...is it the spacious floorplan? The opportunity to convert 200+ sqft to a third bedroom, second bathroom, and more than 1,500 sqft house? The detached shed/workshop filled with treasures? Or the additional parcel of land that came with the house? Hard to say, but this is a first flip to remember.

 After pic coming soon 

Purchase Price: $92,000

Estimated Rehab: $40,000

ARV: $194,000

Estimated Rehab Time: 4 weeks

Bed/Bath: 2br/1ba

 

List Price: $102,000

Close Date: August 13, 2020

Source of Deal: MLS (FSBO)

Funding Source: Private Lender

Size: 1,254 sqft

 

Property Updates

(612) 708-5360   |   patrick@investdgp.com   |   Charlotte, North Carolina, United States

  • Facebook Black Round
  • Instagram - Black Circle