This townhouse locate in a developing
area next to hospitals and commercial centers.
This is a HOT investors area !
FLIP it and it will sell FAST.
Or RENT it for 950$.
Either way it’s a DEAL ,
since there is ZERO supply in the area !
First two comps are renovated, about the same size , with different room count. Sold for 133-144$-sqrft. Third comps is not renovated. With the same rooms and size but sold for cash. With a conservative $106-per-sqrft subject ARV is $115,000.
Subject – / 3 bed 1 bath / 1,080 sqrft / TH
1021 McNamee St – $ 160,000 / 3 bed 2 bath. / 1,107 sqrft / SFH /
222 S East St – $ 120,500 / 2 bed 1 bath / 900 sqrft / SFH
425 Mills St – $ 113,000 CASH / 3 bed 1.5 bath / 1,092 sqrft / SFH