Property Description:
Prime flip opportunity with significant upside potential. This 1950 block construction home is priced at $229,000 with an estimated after-repair value (ARV) of $399,000, offering substantial room for profit with strategic renovations.
Property features sound fundamentals with a 2022 roof and functional AC system. Electrical and plumbing systems are intact, and the 10-year-old water heater remains serviceable. Interior needs complete renovation – carpets already removed, minor storm-related water damage present. Foundation is solid, and there are no HOA restrictions to limit renovation options.
Current occupants vacating soon. Property includes city utilities and is located in a flood zone. Some furniture remains on site – buyer responsible for removal.
Potential $170,000 spread between purchase price and ARV makes this an attractive opportunity for experienced investors to maximize returns through comprehensive interior updates.