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Updated about 8 years ago on . Most recent reply

User Stats

23
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2
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Jarid Wilson
  • Realtor
  • Bear, DE
2
Votes |
23
Posts

Investors Dream: Wholesale Deal (NCC) Delaware

Jarid Wilson
  • Realtor
  • Bear, DE
Posted

Hello Everyone! 

I currently have a deal that I would love to share with my fellow investors! Upon entering the property you walk into a sunroom, two huge living spaces and a full bathroom. The kitchen offers an open layout with plenty space for future buyer and family. Upstairs there are three large bedrooms with a bonus sitting area in the master, and full bathroom off stairs. This 1,438 sq ft Wilmington, Delawarehome has a spacious basement. Although unfinished, it’s a blank slate to transform this roomy space. Property is also an end unit with a garage. Call me, Jarid Wilson at (267) 324-9620 or email [email protected] to schedule a walk-through of this fantastic investment.

Address: 101 W 20th St Wilmington, DE

3bd, 2ba, 1438 sq. ft. end unit and garage.

Property needs some renovations.

EST ARV $140-$145k

EST Repair Cost 25-30k

Asking price $62,900

Call/Text (267)324-9620 or Email me at [email protected] for your next investment property.

Determined ARV Based On: 

~1913 N WASHINGTON St WILMINGTON, DE 19802 $142,000 Sold Oct 14, 2016

~215 W 18TH St WILMINGTON, DE 19802 $180,000 Sold Dec 14, 2016

~811 W 19TH St WILMINGTON, DE 19802 $110,000 Sold Oct 8, 2016

Offering

Most Popular Reply

User Stats

1,413
Posts
976
Votes
James Masotti
  • Rental Property Investor
  • Washington Township, NJ
976
Votes |
1,413
Posts
James Masotti
  • Rental Property Investor
  • Washington Township, NJ
Replied

@Jarid Wilson 

This is a tough area of the city and the Baynard Village area is one of my primary target. Personally I'd see the ARV on this at about $85k so if it needs $30k worth of work I wouldn't be able to pay more than $30k for something like this...In this area of the city the values increase pretty dramatically each block you get away from Market. Being only one block up the prices aren't quite what it is just another block or two further up. Obviously other people have different investment strategies, but just figured I'd throw out my $0.02

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