Property Description:
I bought this house from the bank who foreclosed on it. It is to big a project for me and I am looking to sell to another investor. The house will make a great flip. It has a lot of charm but will need a full rehab to restore it. There is lots of construction in the area and this is your chance to get in on the action. I have spoken to a historic tax credit consultant who is confident that the house would qualify for the State's 20% and the Federal 20% tax credit (So total 40% tax credit on construction costs and soft costs).
2/2
1585 sq ft living
4500 sq ft lot
Flood Zone X
ARV $365k +
Asking $90K OBO
See photos here - photos.app.goo.gl/T912pn2PkfHiGk9HA
Comps
Here are some recent comps for the property
8826 Plum St, 3/2, 1,433 sq ft, Sold $399K ($278 sq ft)
8718 Green St, 3/2, 1308 sq ft, sold for $300K ($229 sq ft)
1219 Eagle St, 3/2, 1755 sq ft, sold for $422K ($240 sq ft)
1308 Eagle St, 3/2.5, 1,692, sold for $470K ($277 sq ft)
8834 Birch St, 3/3.5, 1944 sold for $495K ($255 sq ft) - Included as Comp if you added a camel back
I have a lockbox on it. Call/Text Steve to arrange access