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Updated 9 months ago,

User Stats

230
Posts
69
Votes
Dennis Pressey Jr
  • Specialist
  • Philadelphia, PA
69
Votes |
230
Posts

πŸ†• HOT Land Deal Just 45 Minutes Outside of Philly| 40% ROI

Dennis Pressey Jr
  • Specialist
  • Philadelphia, PA
Posted

This is your chance to grab the last old house on the block at a great price!

This property is located in a highly sought after area with newer contructed homes in every direction.

There are 2 older structures currently on the property that are ready for clearing to prepare for new construction.

Ideal new construction would be a 4 Bed 2.5 Bath 2,250 Sq Ft home but any configuration at the 2,200+ sq ft size will bring in the top resale value in the high $500's to mid $600's.

**Zestimate for as-is structure is $261,000 for reference**

Estimated Build Costs: $120-$140 /sq ft | $275,000 total build cost at $125 quote

Resale Value: $579,000 - $629,000

Potential Profit: $180,000 - $200,000

Comparable Sales with Last 6 Months:

  • 2110 N Charlotte St Pottstown | $525,000
  • 102 Pixie Moss Rd Pottstown | $575,000
  • 2136 Prout Farm Rd Pottstown | $610,000
  • 239 Haven Dr Pottstown | $530,900
  • 2092 Prout Farm Rd Pottstown | $670,000
  • 28 Bunker Way Pottstown | $625,000
  • 296 Masters Dr Pottstown | $650,000

Your Next Setps:

  1. 1. Make Your Best Offer
    (make offer here or via email at [email protected])
  2. 2. Place Deposit and Execute Assignment Agreement
  3. 3. Complete Inspections and Due Diligence
  4. 4. Close Per Terms of Original Agreement

Disclaimer And Details:

Property inspections ARE allowed with deposit. This is a Contract Assignment that is prepared to close.

You are expected to perform your own due diligence and assess value. Any information provided here is in good faith only and not intended to be legal advice.

Ready to close with no encumbrances or delays.

Offering