Saturday, July 25, 2009

Great flip opportunity in the Historic Mexican War Streets. ONLY 69K ARV 220k!!!

WE'RE IN THE MIDDLE OF THIS FABULOUS REHAB SO THE PRICE WILL NEED TO BE ADJUSTED AS MORE WORK GETS COMPLETED> EMAIL ME FOR MORE INFO IF YOU WOULD LIKE TO PICK UP THIS AMAZING PROPERTY! cvconto2@yahoo.com


HI Everyone -

I have a great flip opportunity in the historic Mexican War Streets for sale! We have a recent appraised after repair value of $220K! An $85K rehab would put you at about 70% LTV. The property has a great floor plan and a blank slate to work with. It is completely gutted back to its original floor plan and is ready for the build out. The house needs all new mechanical systems and finishes. Bring your eye for design and let your imagination run wild. Once the expansion is complete, this would be a great 3 bedroom and 2.5 bath house. Some features include original pine floors that could easily be refinished, four fireplaces, and several original mantels. The original stairway detail and railings is 95% complete. There is also space in the rear of the property for a private courtyard or deck. We have current appraisal, CAD drawings, and rehab budgets available for your review. This property should qualify for most hard money lenders and would be ideal for a cash buyer. Must be able to close quickly. There is a lot of potential in this strong market area – don't miss this deal!

Please call my partner Scott Hastings at 412-952-7063 if you would like a personal tour. Move quick on this deal or lose a great opportunity!

Sale price is $69,000

For additional info and pictures please go to:
www.rhoproperties.com/listman/listings/l0186.html

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