Easy Garland Cosmetic Flip

[Ryan Young]

This property is a 4 bed 1 1/2 bath brick house on slab built in 1971. The 1 car attached garage is converted into a bedroom with closet and vented A/C. There is an large extended closet attached to the converted garage and utility area that could easily be converted into another bathroom. Tax rolls show 1,292 sqft but it's actually 1523 sqft with conversion. The comps are all 3 bed 2 bath so to get top dollar we would have to configure the extra 1/2 bath. The connected 1 1/2 bath could be converted into 2 full baths fairly easily. The owner just filed a roof claim and had a new roof put on last week. The HVAC has been replaced in the last couple year, but the compressor was not. Foundation work was done when the seller previously purchased the property.

ARV: $180,000

Repairs: $22,361.46

(Repair Sheet Link)

(Property Photos Link)