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Ontario, NY Colonial Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $135,000
Cash invested: $40,000
Sale price: $225,000
COMPLETELY UPDATED Colonial Home for Sale in Ontario Minutes from the Lake & Village! Welcome to 6218 Knickerbocker Rd. This 4 Bedroom, 2 Full Bath Home Features Almost 1,700 Sq Ft of Living Space. NEW Metal Roof on Both House & Garage, Situated on Large 0.43 Acre Lot! SO MANY Interior Updates Include NEW LVP Flooring & Carpet Throughout, NEW Lighting & All NEW Interior Doors!
How did you add value to the deal?
New Roof, Foundation repair, New LDL flooring, Drywall work, New paint, doors, trim, appliances and new full bathroom on the 1st floor.
Lessons learned? Challenges?
Obtaining Non-refundable deposits. Next property will find a professional Realtor who is experienced with marketing their listings and closing deals.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
General Contractor, Keller Williams real estate agent, and Real estate Attorney.
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