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Updated about 9 years ago on . Most recent reply

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3,412
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Charlie MacPherson
  • China, ME
4,013
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3,412
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FLIP OPPORTUNITY - South Shore, MA - High End Town!

Charlie MacPherson
  • China, ME
Posted

This property is listed on MLS and is not my listing. It's a flip opportunity I've identified and that's why I need a Buyer's Broker agreement signed before revealing the address.

It appears to be more of a "fluff & buff" than a full gut.

Here are the ESTIMATES (buyer due diligence required)

Acquisition: $200,000
Repair: $50,000
Carry 120 days @ $100/day = $12,000
Marketing: $17,000
Surprises: $10,000

ARV $330,000 (with solid very local comps to back it up). Possibly $350K.

This property has TOWN SEWER (no Title V disasters) and gas.

The only fly in the ointment is that offers will be opened this Sunday 2/7/16 at 5 PM.  If you're interested, please contact me ASAP.

Offering

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