Whether you are looking to take on a top-to-bottom reno project or start fresh with a new build, this very affordable property will allow you to capitalize on an ultra-low cost entry point. An average comparable lot (including well and septic) without a building costs approximately $60,000, and in addition to buying the lot at nearly 50% below market value, the house structure – though gutted to the studs – allows you to potentially secure a conventional mortgage on the property. As a cherry on top, the tin roof is only 2-years-old and would be usable in the renovation or as material for the rebuild. Not only would this be a great flip or teardown, this property could also be used as a storage rental as the steel roof would keep everything dry. This is the sound of opportunity knocking…are you going to answer?
We are selling our assignable purchase contract.
Closing is April 23rd, 2021