All Forum Posts by: Mary Johnson

Hi John,

Right now it's set up as a SF, 9 beds/2 baths; zoned for 2 family. The thought was to finance with hard money. Then rehab.  I am new to this so I may be looking at this all wrong. The house seems too big for just a 2 family but that's what it's zoned for.

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*This link comes directly from our calculators, based on information input by the member who posted.

HUGE, HUGE, HUGE HOUSE! 9 Bedrooms/2 Baths 4616 sqft of living space – Asking $90k – PRICED TO SELL NOW! Asking $90k

1064 College Ave, Elmira, NY 14901

This can be YOUR CASH COW! Potential rents average $450/mo per room; that’s a total of $4,050/mo or $48,600/yr. WHAT?

Instead of keeping it as a single-family home, turn it into a ROOM RENTAL! The rooms are already there. Elmira College is a half mile away. Students need a place to live! St. Joseph’s Hospital is less than 2 miles away. Employees need a place close to work!

There are hardwood and tile floors throughout. This home used to be an apartment building before the current owner moved their large family in and turned it into a Single Family Home. Now all the kids have grown up and moved away and she’s ready to let it go. It’s priced to sell fast.

It’s zoned residential. The roof was replaced in 2007. It’s got 34 windows, basement, attic, 5-6 fireplaces (can be reopened), family room, dining room, 2 car garage, had 3 baths but 1 was closed off; the lines are still there. It’s perfectly situated for immediate room rentals from the local college students; their families have already been stopping by to inquire of room rentals.

There are no other homes of this size nearby. This home is unique and can be yours.

Approx. repair cost is 40-50K

All Buyers Must Provide Proof Of Funds
Earnest Money Deposit Of $5,000 Required

All information provided as a courtesy, I urge you to do your own due diligence regarding values, estimates, and comps. This property is being 'SOLD AS IS'.

Call us today for complete details and showing instructions @ 443-484-8447
www.bigandsmallproperties.com
#nyrealestate #nycashbuyers #nyinvestors #nywholesale #nyhouseflipper #nybuyandhold #nyrentals

1976 sqft Total – 3 floors, 640sqft per floor
Built in 2005 – Sits on .93 acres – Mountain views

This home is currently set up as 2 bedrooms/1 bath in 1976 sqft of living space. There is plenty of room to section off space for additional beds and bathrooms.

The owner started the work, became ill and needs to move. This house is priced to sell fast. This house has GREAT potential for the creative investor or family that needs space.

The nearest homes recently sold were:

14446 Norcross, Big Lake, AK - 1876 sqft; 3 beds/2 bths sold for $264k.

985 S. Lazy Lake Dr, Big Lake, AK - 1600sqft; 2 beds/2 baths sold for $294,900

Estimated work to be done is $20-$30K.

The basement is also sheetrocked, wired and ready for your custom touches. There is a wood stove hook up & chimney. There is also oil heating & a drilled well.

All Buyers Must Provide Proof Of Funds
Earnest Money Deposit Of $5,000 Required

All information provided as a courtesy, I urge you to do your own due diligence regarding values, estimates, and comps. This property is being 'SOLD AS IS'.
Call us today for complete details and showing instructions @ 443-484-8447

www.bigandsmallproperties.com

Does anyone still have this list? The link has been removed and, of course, it is 9 years later : )

What is the ARV? How much needs repairing? [email protected]

Is this property still available?   [email protected]