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Great Investment Opportunity: Home with Huge Potential! Here's a chance to make a big impact with your next investment! This large two-story home, including a fully usable 1,200 sqft basement , has been touched by fire damage but stands as a promising project for an investor ready to bring it back to life.
In January 2023 the house was inspected by a structural engineer and a new interior design plan to turn the home into a spacious 6-bedroom, 4-bathroom property has also been mapped out by an architectural engineer. The home was also appraised in January 2023 for an ARV of $248,000 (repairs are expected to cost around $65k-$80k), this project could be a profitable venture.
This property is perfect for investors looking to add value and create a beautiful living space. Whether you're aiming to sell for a profit or rent it out, the potential here is enormous. The home can be converted to a duplex as well.