It’s not on the MLS and the seller, a wholesale company, asked me (along with a few select others) to find a buyer. It’s listed at $180,000 firm.
The wholesale company needs to sell it now and will break even.
With $35,000 in improvements the home will sell in this market in 4-6 weeks at $265,000. After you pay a commission on the sale, you can make yourself a quick $33,000 net profit if you call me at 480-414-4220 and act on it.
We need to update the flooring, fix up the pool, get new paint, update the kitchen, and add a garage. I’ll put you in touch with a contractor who will do all the work, and I’ll find buyer who will pay top dollar for the home.
The construction will take six weeks. So from the time you buy it, to the time it's sold, you can get your money in and out in 3 months at most.
You can also rent it for $2,000 a month with about $10-15k for minimal improvements to bring it up to rental condition. I have a property manager who you can talk to who specializes in the area to find and manage the tenants. Most likely you’ll rent to college students.
It’s in a very well established neighborhood and it’s an excellent investment for you if you have the capital – that’s why I’m writing you.
Click here for more details about the property
Email me back or call me ASAP if you’re interested in buying it (or know someone).
I’ll handle all the work – if you want a video of the property or more pictures, I’ll get them. I’ll even arrange the inspection. I'll make sure you're protected and you know everything you need to know.
And of course, if you need to sell your home, give me a shout and I’ll let you know what your home would sell for, or at least tell you what updates you need to make to bring it up to full market price base on what buyers are paying a premium for in Tempe.
