[SOLD] 1/2 acre lot of Multi-Family R-3. It has an 812sf home that either needs a complete rehab or just tear it down to build some Multi-Family units. You can build up to 8 units on this lot.
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Details:
The prelim is already done and the title is squeaky clean. This is for a quick cash sale and you will need to close quickly.
- 1/2 acre lot
- 812s.f. house that needs complete rehab
- Roof is in great shape over main house
- Has Electrical panel and lights work in living room. I haven’t check the rest of house.
- Directly in front of Southeast High School
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Numbers & Comps:
Wholesale “Cash” Price: $39,500
Retail Value: $43,124 to $56,628
This is a “Cash” only sale price.
Comps (these comps are only for vacant lots due to the condition of the house)
- 1802 E Jones Ave -Sold on May 23, 2014 for $15k @ $1.98/s.f. – Lot Size: 7,584 Sq. Ft.
- 1932 E Carver Dr – Sold on Aug 21, 2014 for $22k @ $2.60/s.f. – Lot Size: 8,472 Sq. Ft.
- 4417 S 7th PL – Is Currently Pending at $20k @ $2.94/s.f. – Lot Size: 6,974sf
* Wholesale Price is with Buyer paying closing costs. Taxes are prorated.
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How To Gain Access
We are in escrow to purchase and are reselling for a profit. The front gate & the front door are on a lockbox. Call David at 602-299-0448 to get access.
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Pictures:
Videos:
Inside Walkthrough
Walk from front to back of property
Outside
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How To Buy
Our properties sell extremely fast and are sold on a first come, first serve basis. If you are interested and would like to put this property under contract, please download the contract package by clicking the “Download Now” button below. Fill it out, and email it to david@buywholesalehomesnow.com. You can call us with any questions at 602-299-0448. 
