six figure flip opportunity in Happy Valley Oregon
This is an amazing opportunity for an investor or a live in flip. The house is 7800 square feet (5400 up and 2400 down). Single layer roof replaced in 1999. AMAZING views of mt hood from the great room and decks. This is purely a cosmetic fixer. It will even finance with a conventional loan. The County has an assessed value of 1.35 million. The 0.8 acre lot is also what separates this house from the neighborhood. Please call me if you are interested. The previous homeowners need until September 30th to vacate the property, but I'd like to have it sold before then.
Dane
I can show the property anytime, just reply or message me here. Or email me [email protected]
Here are some highlights
-8700sqft (5400 upstairs 2400 down)
- 0.8 Acre lot
- 6 bedrooms 5 bathrooms 2 offices
- 2 full kitchens (one up, one down)
- separate living areas as well as downstairs have vehicle access for 2 living units
- All 3 furnaces, and AC units in great condition. 1 water Heater needs to be replaced.
- Roof replaced in 1999 single layer
- Half the windows are new vinyl
- Downstairs had water intrusion because sump pump failed. it was replaced and now working.
- Pool equipment is in great shape except for the pump.
2 ways to rehab this.
1. Rehab Flooring, paint, kitchen, and bathroom, landscape (60k - 75K) and relist it for 899K - 950K
2. Rehab the whole house with premium upgrades (200k) and list for 1.2 million.
Check out comps across the street on SE Northern Heights Ct. 1.2 million - 1.4 milion; this house has twice the views, land, and house.