59 Mount View Dr. Clinton, MA 01510

[Moises R Cosme]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $249,000
Cash invested: $85,283
Sale price: $425,000

This is a Unique Property for a few reasons.. Its a Log Cabin, With Colossal Garages and an In-Law!! This Updated Log Home is well laid out. There is a First Floor Master Bedroom, A Three Season Room, Open concept Livingroom, Dining Room and Kitchen. Kitchen has New SS Appliances and Granite Counters, a Full Bath with new Vanity and Granite Completes this Floor. Upstairs 2 Bedrooms with Fresh Paint and Carpet and Another 3 Piece Bath.

What made you interested in investing in this type of deal?

Looked like a fun project & it was local to us.

How did you find this deal and how did you negotiate it?

Found it on the MLS.

How did you finance this deal?

Hard money.

How did you add value to the deal?

As a standard principle we add value by giving entry level Buyers in our markets, a better product than they would otherwise find in the market. We typically get a premium to the market, which is disproportionate to the cost we incur with the materials & labor associated with the upgrades.

What was the outcome?

We made a fair return on our money.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Alberto Sciola or LAER Realty Group; excellent distressed Broker in MA.