Basics
- Bedrooms: 5
- Bathrooms: 1
- Half baths: 1
- Area: 1575 sq ft
- Year built: 1880
Description
-
Description:
Off-Market Investment Opportunity
Asking Price
$57,000 Cash
Estimated ARV
$275,000

Property Details
- Single-Family Home
- 5 Bedrooms | 1.5 Bathrooms
- Approx. 1,575 Sq. Ft.
- Vacant
Property Condition
- Vacant property requiring a full gut renovation
- Seller originally planned to renovate but shifted resources to building a new construction two-flat
- Property has been vacant for an extended period
- Roof is believed to require replacement
- Interior should be assumed to need a complete renovation
- Major updates anticipated for all finishes, mechanicals, plumbing, and electrical
- Foundation and structural condition are currently unknown and should be verified during buyer inspections
- No confirmed reports of major structural failure, but property should be underwritten as a heavy rehab until verified
Rehab Level: Full gut renovation / heavy rehab
Investment Highlights
- Significant value-add opportunity
- Spacious 5-bedroom layout offers multiple exit strategies
- Excellent candidate for:
- Full fix-and-flip
- BRRRR strategy
- Long-term rental
- Portfolio investment
- Delivered vacant for immediate access and renovation
Buyer Notes
This property should be viewed as a true heavy rehab project. Investors should budget for a complete renovation, including a likely roof replacement and substantial interior improvements. While there are currently no confirmed structural issues, the seller has limited knowledge of the home's current condition due to its extended vacancy. Buyers are encouraged to conduct thorough inspections and underwrite accordingly. At this price point, the property offers substantial upside for experienced investors seeking a value-add opportunity.
Contact
For all inquiries, showing requests, or additional information:
Phone: (888) 775-4570
Email: sales@sharpedgeproperty.com
