Priced to Move - Investor Special - 4 Bed / 2 Bath in Aurora
I have this 2-story 4bd, 1 full and 2 half bath SFH under contract and I'm looking for a cash buyer that I can assign it to. The closing date is August 1 but I need to get an assignment contract in place no later than July 4! The home is located in a good area of Aurora, IL with several parks within walking distance. It's currently occupied by a tenant who will be moving out by the end of July (however, it may be possible to keep the tenant if you're interest is keeping it as a rental, current tenant is Section 8). It requires a light rehab consisting mostly of paint, flooring and minor kitchen and bath updating. It has one bedroom on the first floor, three on the second floor with a large laundry room on the second floor. There is the potential to finish the basement which has been professionally waterproofed and has a 1/2 bath in it! Here are the details:
Asking price: $84,000
Repair Estimate: $15k-$18k
ARV: $140,000 (based on these comps that have sold in the last 30-90 days)
Comp #1- 814 Pennsylvania Ave, Aurora, IL 60506, 3 beds 2 baths 1,450 sf sold on 5/12 for $149,000.
Comp #2-750 Pennsylvania Ave, Aurora, IL 60506, 3 beds 2 baths 1,300 sf, sold on 3/31 for $147,000
I can provide pictures via email!
Please only serious cash buyers reply.
Please feel free to contact me if you have any questions.
Thanks,
Josh