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Updated over 8 years ago,
3/2 Home w/ attached 1/1 rental in Houston! Owner occupied.
FINANCIALS
- Estimated ARV: $315,000
- Estimated Repairs: $15,000
- Price: $195,500
CASH OR HARD-MONEY ONLY
$2,000 non-refundable deposit
Buyer pays all closing costs
DETAILS
- 3 Bedrooms / 2 Bathroom with formal dining + 1 bed / 1 bath apartment
- Living Square Footage: 2,200
- Lot Size: 1.2 Acre
ADDITIONAL VALUE: 1 Bedroom 1 Bath apartment currently renting for $700/mo
GOOD CONDITION
- ROOF, Most Fencing, Tile (living, breakfast, kitchen, bathrooms, and apartment)
REPAIRS
- Small sheet rock repair (5 inch by 5 inch square) $150
- Interior needs to be painted $2500
- Cabinets in the kitchen and bathroom need to be painted $1100
- Carpet in the bedrooms and in the home office needs to be replaced $1800
- Floors in the mudroom needs to be replaced $350
- Bathtubs/Bath surrounds need to be refinished or replaced $2500
- Some siding needs to be replaced $3500
- Some fencing needs to be fixed $250
- Bathroom counters need to be replaced $$500
- Landscape needs to be updated and refreshed $1100
- Front door needs to be replaced $350
- Kitchen appliances need to be replaced $1100
TOTAL REPAIR ESTIMATE: $15,000
NEED TO CLOSE IN 30 DAYS OR LESS
KEEP IN MIND THAT THESE PROPERTIES DID NOT INCLUDE A $700/mo RENTAL
You can reach me at 214-740-3069.
Offering